Northern Trust Corp Sees Stock Price Increase

Northern Trust Corp’s stock price has experienced a moderate increase over the past few months, with a recent high and a stable 52-week range.

Contract Awarded to Northern Trust Corp

The company has secured a significant contract with the State of New Mexico Educational Retirement Board, providing asset servicing solutions to their $18.5 billion fund.

Key Details of the Partnership

  • Contract partner: State of New Mexico Educational Retirement Board
  • Fund size: $18.5 billion
  • Services provided: Asset servicing solutions

Impact on Northern Trust Corp’s Position

This partnership highlights Northern Trust’s expertise in investment management and asset administration, solidifying its position in the financial sector.