LONDON, June 7 /PRNewswire/ --
Northern Trust has won two awards at the 2007 FT Business Pensions &
Investment Provider awards, held in London during May.
Northern Trust Global Investments (NTGI), the asset management arm of the
Chicago based Northern Trust Corporation, has won the Manager of Managers
award, while its asset servicing arm won in the Global Custody category.
The FT Business Pension & Investment Provider Awards, previously known as
the Pensions Management Provider Awards, aim to recognise excellence in the
provision of products and services to UK occupational pension schemes.
The key criteria used to adjudicate the Awards are performance,
innovation, service standards and the competitive edge of providers.
Representatives from asset managers, consultants and pension fund
associations comprise the 18-member judging panel.
"This year Pensions Management joined forces with its sister title,
Pensions Week, to offer a programme of awards from the leading monthly and
weekly pensions titles," explains Kalpana Fitzpatrick, editor of Pensions
Week. "The industry responded with a record number of entries. More than 80
provider firms submitted entries across the range of scheme services and
investment services categories. We congratulate Northern Trust on its
multiple wins."
Says Steve Potter, head of Northern Trust for EMEA and Asia Pacific: "We
are thrilled with these awards, which underline Northern Trust's commitment
to ensuring we remain focused on delivering innovative, tailor-made solutions
across our asset servicing and asset management businesses which cater to our
clients' specific requirements."
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of
investment management, asset and fund administration, fiduciary and banking
solutions for corporations, institutions and affluent individuals worldwide.
Northern Trust, a multibank holding company based in Chicago, has a growing
network of 84 offices in 18 U.S. states and has international offices in 13
locations in North America, Europe and the Asia-Pacific region. As of March
31, 2007, Northern Trust had assets under custody of US$3.8 trillion, and
assets under investment management of US$756 billion. Northern Trust, founded
in 1889, has earned distinction as an industry leader in combining high-touch
service and expertise with innovative products and technology. For more
information, visit http://www.northerntrust.com.
Northern Trust is authorised and regulated in the United Kingdom by the
Financial Services Authority.
About Northern Trust Global Investments
Northern Trust Global Investments (NTGI) is a global, multi-asset class
investment manager serving institutional and personal clients worldwide. With
around US$756 billion in assets under management worldwide, as of 31st March
2007, NTGI offers a full array of active, passive and enhanced products, as
well as manager-of-managers programmes for alternative and long -only
investments. NTGI is one of the world's largest and fastest growing
investment managers. NTGI brings together the resources of The Northern Trust
Company, Northern Trust Investments, N.A., Northern Trust Global Investments
Limited, Northern Trust Global Investments Japan, K.K., and Northern Trust
Global Advisors, Inc. and its subsidiaries. The Northern Trust Company
(http://www.northerntrust.com) is the principal subsidiary of Northern Trust
Corporation (Nasdaq: NTRS).
About Northern Truust Global Investments Limite
For legal and technical reasons, outside the United States, Northern
Trust's asset management business is described as follows:
-- Northern Trust Global Investments Limited ("NTGIL") is the
London-based subsidiary that carries out Northern Trust's non-US based
asset management activities.
-- Northern Trust Global Advisors Limited ("NTGAL") refers specifically
to Northern Trust's manager-of-managers business.
-- NTGIL together with its sister company, NTGAL, are leading providers
of active, quantitative and manager-of-managers investment solutions
to pension schemes and other institutions in the UK, Europe, Middle
East and Asia.
-- NTGIL also provides investment services in Securities Lending and
Transition Management, which complement Northern Trust's Global
Custody and Fund Administration businesses.
NTGIL and NTGAL are authorised and regulated in the United Kingdom by the
Financial Services Authority
Web site: http://www.northerntrust.com
Northern Trust Corporation
EMEA & Asia Pacific Contact, Sara Murshed, +44-20-7982-2249, sm136@ntrs.com, or Camilla Greene, +44-20-7982-2176, cg81@ntrs.com; US & Canada Contact, John O'Connell, +1-312-444-2388, jo45@ntrs.com, or Alexis Geocaris, +1-312-444-3094, ag92@ntrs.com, all of Northern Trust Corporatio
