Northern Trust Capital Markets Makes Key Hire in Australia

Northern Trust Capital Markets announced today that it has hired Ben Brownette as a research analyst in its Sydney, Australia office.

This appointment marks the first hire in the region by Northern Trust Capital Markets since acquiring institutional brokerage business, Aviate Global in May this year. This acquisition brought Northern Trust its second office in Australia.

Brownette joins from the Commonwealth Bank of Australia, where he spent close to seven years in institutional equities. Previously, Brownette spent three years at an independent equities research house, later acquired by Morningstar. He has more than 12 years of experience in accounting, analytic and equity sectors and has been ranked a top three stock picker by Starmine. He holds a Master of International Business, Master of Commerce (Finance) and a Bachelor of Economics from the University of Sydney.

“We are delighted to welcome Ben to our team,” said Rob Arnott, regional manager, Asia for Northern Trust Capital Markets. “He brings award-winning expertise and his market knowledge will be valuable as we continue to bring ideas to our clients.”

“Asia-Pacific is Northern Trust’s fastest growing region and the Australian business is one of the key drivers of that growth,” said Madeleine Senior, head of Northern Trust in Australia and New Zealand. “Through the extension of our Capital Markets capabilities in our Sydney office, we are well positioned to support our clients in the region with market leading insights and solutions on the ground.”

Northern Trust first established an office in Melbourne in 2007 to provide asset servicing and custody solutions to clients domiciled in Australia and New Zealand. In 2015 it announced that it had established an asset management sales and client servicing team in its Melbourne office to offer its full range of customizable asset management solutions to institutional investors across the region. Today its two offices in Sydney and Melbourne offer customized asset servicing and asset management solutions to sophisticated institutional investors and investment managers.

About Northern Trust

Northern 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 offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2016, Northern Trust had assets under custody of US$6.4 trillion, and assets under management of US$906 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.

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