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Stock impact report

The Northern Pool to Partner with Northern Trust for £46bn Mandate

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
Company Research Source: Business Wire
Mandate for UK Local Government Pension Pool includes Services to Support Governance and Transparency LONDON--(BUSINESS WIRE)-- The Northern Pool has appointed Northern Trust (Nasdaq: NTRS), subject to contract, to provide a broad range of custodial and administration services, including securities lending, private equity fund administration, compliance monitoring and carbon reporting. The appointment follows a very competitive process which was supported by the global post-trade risk and custody specialists, Thomas Murray. The newly-created pool, comprising Greater Manchester Pension Fund, West Yorkshire Pension Fund and Merseyside Pension Fund, is one of the largest of eight local government pension pools in the UK, and has £46bn (approx. $65.8bn) of assets under management. As the Northern Pool implements its operating infrastructure, this appointment underlines its commitment Show less Read more
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