Northern Trust Accelerates New Business Momentum with Institutional Asset Owners in 2025
Core Insights - Northern Trust announced over 100 asset servicing mandates in key global markets for 2025, representing more than US$385 billion in assets [1] Company Summary - Northern Trust is expanding its asset servicing capabilities with a significant number of new mandates [1] - The total assets involved in these mandates exceed US$385 billion, indicating a strong growth trajectory for the company [1] Industry Summary - The asset management industry is witnessing increased demand for asset servicing solutions, as evidenced by Northern Trust's announcement [1] - The growth in asset servicing mandates reflects broader trends in the financial services sector, highlighting the importance of efficient asset management [1]