|
|
Article: Northern Trust Global Investments Signs New Manager of Managers Client in Japan.
- Article from:
- PR Newswire
- Article date:
- April 20, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
LONDON, April 20 /PRNewswire-FirstCall/ -- Northern Trust Global Investments ("NTGI"), the asset management arm of Chicago-based Northern Trust Corporation, has partnered with Resona Trust & Banking Co. Ltd ("Resona"), one of Japan's top five trust banks, to offer a manager of managers investment fund to Resona's Japanese pension fund clients. The move is part of NTGI's growth plans in Asia.
As part of the new relationship, which commenced in February 2007, NTGI has launched a new Global Ex-Japan Equity manager of managers fund, benchmarked against the MSCI Kokusai Index. NTGI has selected five managers to run different value and growth mandates within the fund ...