Northern Trust Asset Management has promoted internally to replace Bo Kratz, who left late last year. The new chief will look to expand the firm's investment-outsourcing business in Asia.
The US stock market’s strong performance has not put it in bubble territory, says Northern Trust international CIO Wayne Bowers.
So long as that GDP growth is cleaner and greener due to China's push to reduce corruption and pollution, said Wayne Bowers, the firm's CEO of Emea and Asia Pacific.
Bo Kratz moves from alternative investments manager Permal to replace Kevin Hardy, following the latter’s move to BlackRock.
The firm promotes Hidehiro Nakayama as institutions continue to seek liquidity and transparency. Its portfolio management and trading build-out is 80% complete.
The CEO of Northern Trust Global Investments, Wayne Bowers, says investors are too underweight what NTGI deems ‘investment grade’ sovereign debt.