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Stock impact report

Northern Trust Universe Data: Solid Gains for Institutional Plans in Q1 as Global Equity Markets Surge

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Global equity markets rallied to record levels during the first quarter of 2024, on expectations of a "soft landing" and interest rate cuts later in the year. The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was 3.7% for the quarter ending March 31, 2024.The Northern Trust Universe tracks the performance of 405 large U.S. institutional investment plans, with a combined asset value of more than $1.4 trillion, which subscribe to performance measurement services as part of Northern Trust's asset servicing offerings.The Northern Trust Foundation and Endowment (F&E) universe produced a 3.9% median return while the Northern Trust Public Funds universe median return was up 3.5% and the Northern Trust Corporate (ERISA) universe median return was up 1.2% for the quarter."The year started strong as global equity markets surged to new highs, showing investors were willing to take on added risk Show less Read more
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