UK - Northumberland County Council Pension Fund has appointed Northern Trust to provide it with transition management services.
Northumberland County Council Pension Fund has appointed Northern Trust to provide it with transition management services.
US - Northern Trust has completed its acquisition of hedge fund administrator Omnium from Chicago-based Citadel.
US institutional investment plan sponsors had their fourth consecutive quarter of positive results in the second quarter of 2011, research shows.
UK - The £4.3bn ($7bn) Lancashire County Council pension fund has become the fourth local government pension scheme this year to hand Northern Trust a custody mandate.
The £4.3bn Lancashire County Council pension fund has become the fourth local government pension scheme this year to hand Northern Trust a custody mandate.
GLOBAL - Institutional investment managers showed a marked trend towards risk aversion in the second quarter of 2011 amid negative economic news, research by Northern Trust found.
Aviva, Northern Trust, Schroders, Prudential Financial, American Century Investments
US - Northern Trust has named R. Peter Sanchez as chief executive officer of Northern Trust Hedge Fund Services.
GLOBAL - Northern Trust has published its first corporate social responsibility (CSR) report, outlining its actions in 2010 and targets for 2011.