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New York Life Investments CEO Says Inflation Will Persist and Reveals Her Top Protection Play

New York Life Investments CEO Says Inflation Will Persist and Reveals Her Top Protection Play
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Investment Product and Service Launches

NTAM Increases Services for Minority Brokers
Northern Trust Asset Management (NTAM) is increasing its trade execution services commitment to broker-dealers owned by minorities, women, veterans or people with disabilities.
The execution target for its Minority Brokerage Program is increasing in March from 10% to 15% of equity security trading commissions in certain commingled funds. NTAM started its Minority Brokerage Program in 2007 and in 2018 instituted a 10% trading target for participating funds.
“As one of the world’s largest investment managers, we founded the program over a decade ago because we recognized both the impact we can have to advance diversity within the industry and that partnering with diverse organizations can lead to better outcomes,” Northern Trust Asset Management President Shundrawn Thomas said. “Empirical data has long shown that top-performing companies, regardless of industry, are those that excel on cultural, ethnic and gender diver ....

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