HONG KONG--()--Northern Trust announced today it has received two awards for excellence in servicing institutional clients in the Asia-Pacific region. Asia Asset Management magazine will honor Northern Trust with its “Best Client Servicing Award” and The Asset named Northern Trust “Best Custody Specialist” for the fourth consecutive year.
“At Northern Trust we measure our success by our clients’ successes, so these awards are very rewarding for our Asia-Pacific team,” said Teresa A. Parker, Asia-Pacific CEO for Northern Trust. “We have enhanced our service offering with investments in people and technology. Our regional staff grew by 13 percent in 2011, and we continue to make enhancements to our online risk analytics tools that produce 200-plus statistics for daily portfolio performance review. We are honored that Asia Asset Management’s panel of industry experts and The Asset’s editors recognized our efforts.”
Heman Wong, Executive Director, Hospital Authority Provident Fund Scheme, a Hong Kong client since 1998, said: “In choosing our master custodian, we think of value for money, long term working relationship, understanding of our needs, provision of fast and feasible solutions and finally reliability. Northern Trust scores highly in each of these areas.”
In addition to technology investments and a growing staff, Northern Trust demonstrates its dedication to client service through Strategic Summits that bring together experts on the economy, investment strategy and asset allocation as well as specific asset servicing topics such as Private Equity Administration. Northern Trust also launched its “Line of Sight” thought leadership series in 2011 and continues to present client workshops and webinars on regulatory change and other matters.
The Asia Asset Management “Best of the Best” awards ceremony will be held March 16 in Hong Kong. The regional award recognizes Northern Trust as a service provider whose influence and excellence extends beyond borders. The Asset’s “Triple A Awards” ceremony will be March 21 in Hong Kong. Award submissions are reviewed by The Asset’s Board of Editors who collectively have several decades’ worth of evaluating industry awards in Asia.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2011, Northern Trust had assets under custody of US$4.3 trillion, and assets under investment management of US$662.9 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.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.
The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.
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Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, and Northern Trust International Fund Administration Services (Guernsey) Limited are licensed by the Guernsey Financial Services Commission. Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission. Northern Trust International Fund Administration Services (Ireland) Limited, Northern Trust Securities Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Central Bank of Ireland. Northern Trust Global Services Limited has a Netherlands Branch which is authorised and regulated in the Netherlands by De Nederlandsche Bank. Northern Trust Global Services Limited has a Luxembourg Branch which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF). Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office, Licence number 13/238/2008 which is authorised and regulated by the Central Bank of the United Arab Emirates. The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation. Northern Trust operates in Australia as a foreign authorised deposit-taking institution (foreign ADI) and is regulated by the Australian Prudential Regulation Authority and the Australian Securities & Investments Commission (AFS Licence No: 314970). The Northern Trust Company of Hong Kong Limited is regulated by the Hong Kong Securities and Futures Commission. The Northern Trust Company has a Singapore Branch which is a foreign wholesale bank regulated by the Monetary Authority of Singapore. The Northern Trust Company has a branch in China regulated by the China Banking Regulatory Commission. Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency. Northern Trust Global Services Ltd (UK) Sweden Filial is authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen. Northern Trust Global Investments Limited has a Netherlands branch which is authorised by the Financial Services Authority and subject to regulation in The Netherlands by the Autoriteit Financiële Markten. Northern Trust Global Investments Limited has a Sweden branch which is authorised by the Financial Services Authority and subject to regulation in Sweden by the Finansinspektionen.