Northern Trust Releases Annual Corporate Social Responsibility Report 2021/07/14 15:20:00 Business Wire
CHICAGO--(BUSINESS WIRE)--Northern Trust released its latest Corporate Social Responsibility report today, marking a full decade of transparent, detailed information across the company. During a period of extraordinary social, health and economic challenges, 2020 was a year that for Northern Trust focused on compassion, communication and support, Chairman and Chief Executive Officer Michael OGrady said. We are pleased to report on progress toward creating long-term value for our clients, em
These are the 21 advisors, accountants, and lawyers to know if you''re thinking about starting your own family office 2021/07/13 14:50:59 Business Insider
Summary List Placement Despite two financial crises and a once-in-a-century pandemic, global wealth surged to $418.3 trillion at the end of 2020 from $117.9 trillion in 2000, per Credit Suisse . Whether they''re rags-to-riches entrepreneurs or old-money heirs, many of the wealthy have created their own family offices to oversee their assets. Citi estimates that as many as 15,000 family offices have been created in the past two decades alone. These offices vary in size and purpose, from hedge-fund-esque vehicles with chief investment officers and hundreds of employees to small operations with a few employees who handle bill pay and outsource services like wealth management. It''s pricier than going to multifamily offices even billionaires balk at paying a CEO $500,000 but for some, it''s worth it to have complete control and confidentiality. Insider spoke with more than a dozen family-office professionals to find out who the wealthy go to when deciding to set up their own shops. Whether they''re lawyers or wealth managers, here are 21 must-know family-office experts.
Northern Trust Corporation: Northern Trust Asset Management Launches Quality Low Volatility Low Carbon World Strategy 2021/07/13 11:33:00 FinanzNachrichten
Strategy Targets 30-50 Percent Reduction in Carbon Intensity of the Portfolio, Relative to Benchmark Northern Trust Asset Management (NTAM), one of the world''s leading investment managers, continu
Santa Cruz County Bank Hires Chief Credit Officer Susan Just 2021/07/12 21:00:00 Benzinga
SANTA CRUZ, Calif. , July 12, 2021 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC ), today announced Susan Just has joined the bank as Executive Vice President and Chief Credit Officer. Ms. Just has an extensive background in commercial lending, structured finance, and credit risk management, including loan review, regulatory compliance, and ALLL. She has held senior credit roles at major banks across the country including JPMorgan Chase, Northern Trust, and Bank of Montreal. Ms. Just''s 30-year career includes credit portfolio management of loan portfolios up to $8.5 billion . Early in her career, with JPMorgan Chase and its predecessor organizations, Ms. Just established herself as a proficient underwriter of commercial, corporate, and securitized transactions, taking on roles of increasing responsibility and managing multi-billion-dollar transactions. Following her 17-year tenure at JPMorgan, Ms. Just changed her focus to community banking and broader credit risk management. She served as Senior Credit Officer at First Chicago Bank & Trust, a $1.1 billion community bank, and was responsible for integrating and streamlining the credit functions of its merged predecessor banks.
Family Office Assets Under Management Market 2021 | Business Outlook, Growth, Revenue, Sales and Forecasts 2026 | Wilmington Trust, Northern Trust, Stonehage Fleming Family & Partners, Network Services, U.S. Trust Family Office 2021/07/09 10:02:27 Tramways Monthly
Global Family Office Assets Under Management Market Research Report 2021 that targets and provides COVID-19 Outbreak comprehensive market analysis with prospects to 2026. The analysts of the study have acquired, extensive research methodologies and data sources (i.e. Secondary & Primary Sources) to generate collective and useful information that delivers the latest market undercurrents and industry […]
Download PEIs special report on Women in Private Funds 2021/07/01 06:00:03 Private Equity International
In the magazine: Spotlighting 60 influential women in alternative assets and how they are making their mark; Keynote interviews with Aberdeen Standard, Clayton, Dubilier & Rice, Northern Trust, Neuberger Berman, Actis, Travers Smith and EY; Plus much more
LP data demands drive action on DE&I, says Northern Trust 2021/07/01 01:00:43 Private Equity International
Investors'' focus on diversity, equity and inclusion is beginning to have real impact, says Kim Evans, North America head of private capital fund services at Northern Trust.
New alternative asset servicing digitisation initiative launched by Northern Trust 2021/06/30 15:44:37 Private Equity Wire
New alternative asset servicing digitisation initiative launched by Northern Trust Submitted 30/06/2021 - 4:44pm Northern Trust has launched a machine learning-powered document capture capability as the foundation of a multi-year investment to digitise alternative asset servicing and enhance the experience for asset owner clients that invest in complex private market and unlisted assets. Read the full story at Hedgeweek Like this article? Sign up to our free newsletter Related Topics Services
Northern Trust launches first initiative to digitise alternative asset servicing 2021/06/30 15:40:37 Global Custodian
Intelligent document capture marks the first step in the custodian''s alternative asset servicing plan, built on machine learning, artificial intelligence and cloud computing solutions. The post Northern Trust launches first initiative to digitise alternative asset servicing appeared first on Global Custodian The Leading quarterly magazine covering the international securities services industry .
Northern Trust launches alternative asset servicing digitisation initiative 2021/06/30 15:17:27 Hedgeweek
Northern Trust launches alternative asset servicing digitisation initiative Submitted 30/06/2021 - 4:17pm Northern Trust has launched a machine learning-powered document capture capability as the foundation of a multi-year investment to digitise alternative asset servicing and enhance the experience for asset owner clients that invest in complex private market and unlisted assets. Digital document capture enables Northern Trust to streamline historically manual workflows by automating the receipt and processing of alternative asset documents and fund manager reports on holdings and performance of hedge funds, private equity and other alternative assets. Northern Trusts proprietary solution combines robotic process automation and cloud-based technology to provide transparency and data standardization that enables greater understanding of portfolio risk and performance. As alternative asset classes continue to grow in importance to institutional investors, Northern Trust is committed to driving efficiency and reducing operational risk through the use of emerging technologies, says Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust. Digital document capture is a huge step forward, and only the start of our larger plan to enhance alternative asset servicing for the benefit of our clients. Northern Trust has more than USD1.6 trillion in alternative assets under custody and administration (as of December 31, 2020) and processes more than 1.5 million alternative asset documents each year.
Worldwide Custody Service Industry to 2030 - Major Players Include Citigroup, JP Morgan Chase and Northern Trust Among Others 2021/05/27 16:30:00 Business Insider Markets
DUBLIN, May 27, 2021 /PRNewswire/ -- The "Custody Service Global Market Report 2021: COVID-19 Growth and Change to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides…
Tesla Gets Desperate To Secure Chips While GM's Bottleneck Eases 2021/05/27 15:57:49 Investor's Business Daily
Tesla is taking unusual steps to get around the global chip shortage, while GM has seen its supply crunch ease.
The founders of this chocolate startup turned down an acquisition from Hershey's, and are using their Instagram reality show and $10 million in revenue to shoot for an IPO 2021/05/27 15:41:28 Business Insider
Summary List Placement Lezlie Karls, Jake Karls, and Nick Saltarelli are no strangers to getting attention. As the founders of chocolate snack brand Mid-Day Squares, they decided to promote their brand by creating their own programming: On their podcast, they talk about the dilemmas they've faced starting a business. They even film a reality series that they post on Instagram documenting every aspect of their lives running the fledgling brand. But when Hershey, one of the largest candy and snack companies in the world, came calling for a potential acquisition in March, Mid-Day Squares was not interested. Many food startups sell to big players like Mondelez or General Mills "like clockwork" when they hit $100 million in sales, Saltarelli said. Mid-Day Squares plans to stay independent, opting instead to pursue an eventual IPO. "We have to see it all the way through," Saltarelli said. "The censorship that would be provided to us if we were absorbed by another company would kill the entire purpose of what we're trying to do." Mid-Day Squares got its start in Canada in 2018, with the Karls's, who are siblings, and Saltarelli, who is married to Lezlie, selling their bars out of a condo kitchen.
Celestica: Assessing If Momentum Can Drive Shares Significantly Upward 2021/05/27 15:14:35 Seeking Alpha
Tesla shifts Autopilot in Model 3, Model Y from radar to optical cameras 2021/05/27 15:05:39 ValueWalk
Tesla Inc (NASDAQ:TSLA) plans to move its Autopilot and Full Self-Driving systems from radar to optical cameras as it pushes its autonomous vehicle efforts forward. The automaker made the announcement in a blog post on Wednesday. Q1 2021 hedge fund letters, conferences and more Tesla Shifts Autopilot To Optical Cameras Some of the vehicles delivered […] The post Tesla shifts Autopilot in Model 3, Model Y from radar to optical cameras appeared first on ValueWalk .