Northern Trust

Fund Company

Northern Trust - http://www.northerntrust.com/
 
Global Leadership, Enduring Principles

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals. For more than 120 years, they have evolved with the changing needs of their clients and the world.

As of September 30, 2012, Northern Trust Corporation had:

  • $94 billion in banking assets
  • $4.8 trillion in assets under custody
  • $749.7 billion in assets under management

In August 1889, Byron Laflin Smith — one of the most respected bankers in Chicago, Illinois — created The Northern Trust Company to serve the city’s affluent individuals and organizations. By 1906, Northern Trust had grown from a single room into a flourishing organization, and moved into a permanent home at 50 South La Salle Street.

In 1891, Northern Trust realized that the prospective proceeds of life insurance claims could be manageable assets. This led them to create the very first life insurance trust.  Northern Trust introduced an employee life insurance plan in 1912, and a pension plan in 1913 – among the first of their kind in the country. That commitment to employees continues today.


In the 1950s, Northern Trust quickly adapted to new advances in technology, automating banking processes and introducing new products and services. And in 1962, they became one of the first financial institutions in the nation to process checks electronically.

In 1974, the U.S. Congress passed the Employee Retirement and Income Security Act. Their advanced personal trust accounting and reporting systems helped them become a leading provider of independent master trustee and custodian services to corporate employee benefit funds.

In the 1960s, their clients began to develop business interests outside the United States. Therefore, in 1969, Northern Trust opened a London office, making them the first Illinois-chartered financial institution to open a branch outside the United States.

By 1982, many wealthy families and individuals were using family offices. They formed the Wealth Management Group to provide them sophisticated global custody, asset management, fiduciary and risk management solutions.  In 1998, Northern Trust Global Investments was formed, serving both personal and institutional clients, to provide focused investment management capabilities.

Company

Fund Name

ISIN

Currency

Inception Date

Rating

Risk

Profile

Northern Trust Luxembourg Mgmt Com S.A.

Baring Russia A USD ACC Cap

LU0073418229

USD

24/03/1997

3

Medium

The investment objective of the Company is to achieve a long term capital growth, principally through investment in companies operating in Russia and, to a lesser extent, countries in the Region. Investment will be made principally in equity and equity-related securities. The company will seek to achieve its investment objective by investing at least 70% of its total assets at any one time in equities and equity related securities of companies domiciled in Russia or of companies exercising the predominant part of their economic activity in Russia.

Northern Trust Luxembourg Mgmt Com S.A.

Baring Russia Fund USD

LU0280479329

USD

25/04/2008

2

Medium

The investment objective of the Company is to achieve a long term capital growth, principally through investment in companies operating in Russia and, to a lesser extent, countries in the Region. Investment will be made principally in equity and equity-related securities. The company will seek to achieve its investment objective by investing at least 70% of its total assets at any one time in equities and equity related securities of companies domiciled in Russia or of companies exercising the predominant part of their economic activity in Russia.