Northern Trust announces a new business growth securing more than 100 mandates
09 December 2025 US, UK, Australia
Reporter: Zarah Choudhary
Image: Taljat/stock.adobe.com
Northern Trust has announced a new business growth with pensions, endowments and other institutional asset owner clients, securing more than 100 mandates across key global markets in 2025.
The new business represents more than US$385 billion in assets under custody.
The new business growth crosses all asset owner segments and regions where Northern Trust operates, including North America, EMEA, and Asia Pacific.
It is supported by continued investment in capabilities developed for asset owners, including: front office solutions, integrated trading solutions, and outsourced chief investment officer (OCIO) services.
James Wright, head of asset owners, Europe, Middle East and Africa (EMEA), comments: “Our client focus drives the continued evolution of regulatory reporting solutions as well as middle office, collateral and liquidity management platforms to oversee global, multi-asset investment portfolios.
“By delivering these targeted innovations, Northern Trust helps asset owners drive greater efficiency, transparency, and performance as they navigate today’s market complexity.”
Melanie Pickett, head of Asset Servicing Americas, says: “Institutional investors have sophisticated needs and are looking for a strategic partner who can deliver solutions to help them achieve their long-term goals.
“We are successful at growing our asset owner business because of our service, integrity and expertise. We don’t just deliver products — we build relationships.
“Our client experience model provides direct access to specialists, consistent service delivery, and strategic engagement that helps fuel innovation and create products that truly meet the needs of the asset owner community.”
Leon Stavrou, head of Australia and New Zealand, adds: “Asset owners across APAC are embracing new strategies to navigate an increasingly complex investment landscape. Super funds in particular are insourcing investment management to gain greater control and efficiency.
“At Northern Trust, we support this shift by providing advanced technology and outsourced trading solutions that help asset owners optimize their operations and achieve their investment objectives.”
