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.