{"id":454432,"date":"2021-03-10T04:03:30","date_gmt":"2021-03-10T09:03:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454432"},"modified":"2021-03-10T04:03:30","modified_gmt":"2021-03-10T09:03:30","slug":"northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/","title":{"rendered":"Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNorthern Trust (Nasdaq: NTRS) has been awarded mandates to support 18 new UK pension fund clients with assets under custody of almost US$27 billion.\n<\/p>\n<p>\nThese mandates include comprehensive support for pensions\u2019 increasing focus on data management and the delivery of reporting and analytics to support oversight of their traditional and alternative investments. This includes delivering heightened transparency over schemes\u2019 environmental, social and governance (ESG) risk exposures through Northern Trust\u2019s <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.northerntrust.com%2Fpr%2F2020%2Fnorthern-trust-launches-enhanced-esg-analytics&amp;esheet=52393682&amp;newsitemid=20210310005340&amp;lan=en-US&amp;anchor=ESG+Insights&amp;index=1&amp;md5=4c011cf1d2b06aada79a5b733cbe5763\">ESG Insights<\/a><\/b><\/span> service, launched <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.northerntrust.com%2Funited-kingdom%2Fpr%2F2020%2Fesg-analytics-capabilities-with-new-environmental-data-categories&amp;esheet=52393682&amp;newsitemid=20210310005340&amp;lan=en-US&amp;anchor=and+extended&amp;index=2&amp;md5=d976d894974a233e15ef15af6d5e745c\">and extended<\/a> during 2020.\n<\/p>\n<p>\nNew clients won in 2020 included corporate and local government pension schemes. This continued business growth underscores Northern Trust\u2019s commitment to the UK\u2019s retirement industry.\n<\/p>\n<p><b>Mark Austin, head of UK, Institutional Investor Group (IIG) at Northern Trust<\/b>, comments: \u201cNorthern Trust supports pension funds across their day-to-day investment functions, while delivering solutions to help them meet their governance, financial reporting and risk management obligations. As 2020 presented unprecedented challenges, and the COVID-19 pandemic exacerbated existing industry pressures, we continued to evolve our services and support our clients\u2019 focus on ensuring good retirement outcomes for members.\u201d\n<\/p>\n<p>\nNorthern Trust\u2019s IIG provides services to more than 290 UK pension funds with collectively more than US$945 billion (as at 31 December 2020) in assets under custody. Clients serviced include defined contribution master trusts, defined benefit corporate schemes and funds of the UK Local Government Pension Scheme, with assets varying in size from US$20 million to US$60 billion.\n<\/p>\n<p><b>About Northern Trust<\/b><\/p>\n<p>\nNorthern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2020, Northern Trust had assets under custody\/administration of US$14.5 trillion, and assets under management of US$1.4 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.northerntrust.com%2Fhome&amp;esheet=52393682&amp;newsitemid=20210310005340&amp;lan=en-US&amp;anchor=our+website&amp;index=3&amp;md5=3a8ca6003b5852e4784f3d49051d68ff\">our website<\/a> or follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FNorthernTrust&amp;esheet=52393682&amp;newsitemid=20210310005340&amp;lan=en-US&amp;anchor=Twitter&amp;index=4&amp;md5=f8b245203e15cc5c49b420e25c2f4af3\">Twitter<\/a>.\n<\/p>\n<p>\nNorthern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.northerntrust.com%2Fterms-and-conditions&amp;esheet=52393682&amp;newsitemid=20210310005340&amp;lan=en-US&amp;anchor=global+and+regulatory+information&amp;index=5&amp;md5=adc9475ca54a780ba18fb3aff251ff9c\">global and regulatory information<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210310005340r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210310005340\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210310005340\/en\/<\/a><\/span><\/p>\n<p><span class=\"bwuline\">Media Contacts<br \/>\n<\/span><br \/><i>Europe, Middle East, Africa &amp; Asia-Pacific:<br \/>\n<\/i><br \/>Camilla Greene<br \/>\n<br \/>+44 (0) 20 7982 2176<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Camilla_Greene@ntrs.com\">Camilla_Greene@ntrs.com <\/a><\/p>\n<p>\nMarcel Klebba<br \/>\n<br \/>+44 (0) 20 7982 1994<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Marcel_Klebba@ntrs.com\">Marcel_Klebba@ntrs.com <\/a><\/p>\n<p><i>US &amp; Canada<\/i>:<br \/>\n<br \/>John O\u2019Connell<br \/>\n<br \/>+1 312 444 2388<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jo45@ntrs.com\">John_O\u2019Connell@ntrs.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Data Management Technology Insurance Finance Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210310005340\/en\/507749\/3\/NorthernTrust_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020 LONDON&#8211;(BUSINESS WIRE)&#8211; Northern Trust (Nasdaq: NTRS) has been awarded mandates to support 18 new UK pension fund clients with assets under custody of almost US$27 billion. These mandates include comprehensive support for pensions\u2019 increasing focus on data management and the delivery of reporting and analytics to support oversight of their traditional and alternative investments. This includes delivering heightened transparency over schemes\u2019 environmental, social and governance (ESG) risk exposures through Northern Trust\u2019s ESG Insights service, launched and extended during 2020. New clients won in 2020 included corporate and local government pension schemes. This continued business growth underscores Northern Trust\u2019s commitment to the UK\u2019s retirement industry. Mark Austin, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454432","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020 LONDON&#8211;(BUSINESS WIRE)&#8211; Northern Trust (Nasdaq: NTRS) has been awarded mandates to support 18 new UK pension fund clients with assets under custody of almost US$27 billion. These mandates include comprehensive support for pensions\u2019 increasing focus on data management and the delivery of reporting and analytics to support oversight of their traditional and alternative investments. This includes delivering heightened transparency over schemes\u2019 environmental, social and governance (ESG) risk exposures through Northern Trust\u2019s ESG Insights service, launched and extended during 2020. New clients won in 2020 included corporate and local government pension schemes. This continued business growth underscores Northern Trust\u2019s commitment to the UK\u2019s retirement industry. 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These mandates include comprehensive support for pensions\u2019 increasing focus on data management and the delivery of reporting and analytics to support oversight of their traditional and alternative investments. This includes delivering heightened transparency over schemes\u2019 environmental, social and governance (ESG) risk exposures through Northern Trust\u2019s ESG Insights service, launched and extended during 2020. New clients won in 2020 included corporate and local government pension schemes. This continued business growth underscores Northern Trust\u2019s commitment to the UK\u2019s retirement industry. Mark Austin, &hellip; Continue reading \"Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-10T09:03:30+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210310005340r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020","datePublished":"2021-03-10T09:03:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/"},"wordCount":454,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210310005340r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-wins-18-new-asset-servicing-mandates-with-uk-pension-funds-in-2020\/","name":"Northern Trust Wins 18 New Asset Servicing Mandates with UK Pension Funds in 2020 - 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