Northern Trust Universe Shows

CHICAGO -- Northern Trust announced today that U.S. institutional investment plan sponsors returned to positive performance in the third quarter of 2010, with a median gain of 8 percent, according to data in the Northern Trust Universe. The Northern Trust Universe represents the performance of about 300 large institutional investment cheap nike air jordans new arrival plans, with a combined asset value of approximately $630 billion, which subscribe to Northern Trust performance measurement services.

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鈥淚t鈥檚 turning out to be a roller-coaster year for institutional plan sponsors, with strong returns in the third quarter following losses in the second quarter and moderate gains in the first quarter,鈥?said William Frieske, senior performance consultant, Northern Trust Investment Risk & Analytical Services. 鈥淎s a result of these quarterly swings, volatility in institutional plan performance has nearly doubled over the past two years.鈥?

Performance also varied by segment in the third quarter, with Corporate Pension Plans and Public Pension Plans each gaining 8.8 percent at the median while Foundations & Endowments and Wealth Management clients had median returns of 7.4 percent. Much of the difference in performance could be attributed to the larger allocations to alternative assets by F&E and Wealth clients. The composite allocation to private equity and hedge funds was close to 40 percent for F&E and Wealth, while Corporate Plans and Public Funds had less than 10 percent in those two asset classes. Third quarter returns for Private Equity and Hedge Fund programs in the Northern Trust Universe were less than 3 percent, trailing the Total Equity Program, which gained nearly 13 percent cheap nike air jordans new arrival in the quarter.

鈥淥ver the hygetropin longer term, Corporate Plans have been allocating more assets to fixed income and less to equities,鈥?Frieske said. 鈥淚n the third quarter, the median Corporate Plan in our Universe had a 35 percent allocation to fixed income, up from 27 percent five years ago. In that same hygetropin period, the median allocation to domestic equities dropped from 50 percent to 38 percent. Plans appear to be paying greater attention to matching their assets and liabilities in to reduce risk as they address the funded status of their pension plans.鈥?

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Northern Trust has provided risk and performance services for more than three decades. Northern Trust鈥檚 Investment Risk & Analytical Services capabilities include risk monitoring and measurement, performance evaluation and other specialty services, with continuing investment in research and client-focused product development.

About Northern Trust

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Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2010, Northern Trust had assets under custody of US$3.9 trillion, and assets under investment m