Northern Trust enhances investment performance reporting services for Middle East clients 

The enhancement provides more granular insights into the factors that drive performance for clients with Middle East mandates.

By Joe Parsons

Northern Trust has enhanced its investment performance reporting services for Middle Eastern clients to deliver Sunday to Friday investment returns.  

The development for its Investment Risk and Analytical Services (IRAS) business enables Middle East-specific performance analytics to be reported with greater depth of analytics and timeliness for local markets. 

It also enables Sunday returns to be calculated for Middle East markets and portfolios, delivering information that is timely and representative of regional clients’ investment portfolios.  

“For clients with Middle East mandates, this enhancement provides more granular insights into the factors that drive the performance generated by their investment managers,” said Serge Boccassini, product lead, investment accounting and analytic solution, Northern Trust. 

By leveraging our global scale, technology and advanced analytical capabilities, Northern Trust helps clients incorporate the characteristics of regional and global markets into their processes, as they meet their local governance, reporting and risk management obligations.” 

Northern Trust’s investment performance services provide institutional investors – typically pension funds, sovereign wealth funds and asset managers – with insights when tracking and analysing risk and performance.  

They also allow clients to access performance, attribution, contributions and ex-post risk results across individual and aggregated portfolios, supporting their investment management processes ranging from regulatory reporting to enhancing institutional governance. 

“As we support our clients’ investment strategies, we see they increasingly require asset servicing solutions that are aligned with their working week and time zone. This enhancement exemplifies our commitment to meeting those requirements and developing our capabilities to meet their evolving needs,” added Michael Slater, head of Middle East and Africa, Northern Trust.

Northern Trust’s IRAS group provides global asset owners and asset managers around the world with analytical solutions to support over approximately $8.1 trillion (as of 31 December 2020) of assets under measurement.