Northern Trust Expands Foreign Exchange Currency Management Services Footprint with Key New Mandates
Clients Focus on Managing FX Exposures Through Advanced Currency Hedging Solutions
Northern Trust (Nasdaq: NTRS) is experiencing strong demand for its Foreign Exchange (FX) currency management services with a number of significant new mandates over the past 12 months.
The appointments to provide a full suite of currency management services span newly onboarded clients including Blackwall Capital Investment AG, Kieger AG and TT International Asset Management Limited, in addition to significantly expanded services for existing clients including
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Rockefeller Asset Management.
John Turney, global head of Foreign Exchange at Northern Trust, said: A combination of rising operational costs, governance pressures and regulatory requirements are encouraging asset managers and asset owners to delegate their FX currency hedging to a specialist third-party who can efficiently
ESG boosts business, investment performance: study By Lachlan Maddock 17 February 2021
Research conducted by international academics and asset managers has found that putting ESG at the heart of business will pay off in the long run.
New analysis conducted by the NYU Stern Center for Sustainable Business in partnership with Rockefeller Asset Management shows that improved financial performance due to ESG becomes more noticeable over longer time horizons.
“We’ve seen an exponential increase in ESG and impact investing as evidence builds that business strategy focused on material ESG issues goes hand-in-hand with high-quality management teams and improved returns,” said Professor Tensie Whelan, the centre’s founding director.
Today, the NYU Stern Center for Sustainable Business, partnering with Rockefeller Asset Management, announced the findings from a new meta-study examining the relationship between environmental, social and corporate governance (ESG) activities at organizations and their financial performance.