- Summary & Methodology
- Industry Trends
- Transition Manager League Tables
- Transition Manager Profiles
- Abel Noser, LLC
- BlackRock
- BTIG, LLC
- Citigroup Global Markets Inc.
- Macquarie Group Ltd.
- Northern Trust Investments, Inc.
- Pavilion Global Markets Ltd.
- Russell Investments
- State Street Global Markets
Past Surveys
Transition Manager Profiles
Northern Trust Investments, Inc.
www.ntrs.com
Summary of Offering
At Northern Trust Transition Management (NTTM), the combination of experience, expertise, execution, and integrity is unique in the industry. Leveraging local knowledge and a global reach, NTTM has provided its clients with a market-leading service for over 30 years. The service is supported by a dedicated, agent-only brokerage group with trading desks in Sydney, London and Chicago. This approach provides the benefit of full transparency and allows an experienced project management team to work closely with dedicated traders to develop custom solutions. Building trust, reducing cost, and mitigating risk – Northern Trust Transition Management delivers for its clients.
Client Restrictions: None
Business Summary (as of 09/30/2020)
| Total TM clients | >500 |
| Total TM mandates | 231 |
| Total assets transitioned ($USD) | >$96.7B |
Regions with Clients that Completed TM Events (2019-2020)
| U.S. | |
| Canada | |
| U.K. | |
| Continental Europe and Republic of Ireland | |
| Asia | |
| Australia | |
| All other locations |
Summary of Client Feedback from 2020 Survey
| Total respondents | 22 |
| Net recommendation/promoter score | 73% |
| % independently audited | 14% |
| % accepted fiduciary role over event | 88% |
Responses by transition type
| Principal | 18% |
| Agency | 41% |
| Hybrid | 41% |
Responses by value of securities transitioned
| <$50MM | 10% |
| $50MM – $250MM | 38% |
| >$250MM – $1B | 24% |
| >$1B – $3B | 19% |
| >$3B | 10% |
Client ratings
5 = Extremely satisfied; 1 = Unsatisfied
| Transition strategies and planning capabilities | 4.86 |
| Operational capabilities and trading quality | 4.86 |
| Risk management capabilities | 4.77 |
| Quality/transparency of reporting | 4.91 |
| Accuracy of pre-trade estimate | 4.77 |
| Transparency of disclosures | 4.73 |
| Overall project management | 4.77 |
| Knowledge/responsiveness of staff | 4.91 |
NR = Not Reported in time for publication
N/A = Not Applicable (providers needed a minimum of 10 responses to be rated)
N/A = Not Applicable (providers needed a minimum of 10 responses to be rated)