Northern Trust Hires Sales Manager to Support Landmark Growth among Asset Owners

Actualité publiée le 04/08/16 14:45

Northern Trust (Nasdaq: NTRS) today announced that it has hired Ian Hamilton to drive asset servicing sales across key sectors including pension and sovereign entities in the UK, Europe and Africa.

Based in London Hamilton is responsible for offering the breadth of Northern Trust’s asset servicing and capital markets solutions to sophisticated institutional investors. Hamilton will manage a team focused on pension funds and sovereign entities and report to Douglas Gee, head of sales for Northern Trust’s asset servicing business in EMEA.

“At Northern Trust we recognize asset owners increasingly require sophisticated asset servicing solutions to enhance their investment operations and oversight,” said Penelope Biggs, head of Northern Trust’s Institutional Investor Group, EMEA at Northern Trust. “In response to this trend, Ian and his focused team will tailor solutions to help clients make more informed investment decisions, supported by greater transparency, governance and oversight of their investments.”

Hamilton joins Northern Trust from State Street where he was responsible for UK sector solutions - asset owners. During his career he has also worked for a major investment consultancy.

“We are delighted to welcome Ian to Northern Trust,” said Wilson Leech, head of Northern Trust in EMEA. “We continue to see an unprecedented demand for our asset servicing, asset management and capital markets solutions. Ian’s experience will be valuable as we continue to drive the delivery of our innovative solutions to our clients across the region.”

Northern Trust is a leader in the UK pension fund market, currently providing services to 35 percent of the top 100 UK pension schemes, 22 percent of the top 50 Nordic pension funds and 34 percent of the top 50 Netherlands pension funds. It is also a long-term consultative partner to sovereign wealth funds, with depth and breadth of experience spanning more than 20 years. Its client base currently covers 7 of the top 15 sovereign wealth funds globally.

Northern Trust’s asset servicing business provides solutions to leading institutional investors including pension schemes, corporate and financial companies, insurance companies, sovereign wealth funds, as well as global investment managers, and fiduciary managers. Its clients and asset classes serviced span traditional funds, hedge funds, fund of funds, private equity, real estate, infrastructure, tax-transparent funds and exchange traded funds. Most recently it announced it had acquired an institutional equity brokerage capability supporting its global clients with enhanced capabilities.

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.