Northern Trust Asset Management Appoints Head of Nordic Region

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STOCKHOLM – (COMMERCIAL THREAD) – Northern Trust Asset Management (NTAM), one of the world’s leading investment managers, has appointed Alexandra kovalenko at the head of its Swedish subsidiary, with the responsibility of leading sales in the Nordic region.

Kovalenko’s appointment closely follows the continued growth of Northern Trust Asset Management in the Nordic region which has recently seen the expansion of its presence in exchange-traded funds (ETFs), with the launch of four sustainability strategies with a low volatility and quality income recorded in the UK, Ireland, Germany, Sweden and the Netherlands.

“At Northern Trust Asset Management, we believe investors should be compensated for the risks they take – in all market environments and any investment strategy,” said Marie Dzanis, Head of NTAM for Europe, Middle East and Africa (EMEA). “We see continued demand from investors in the Nordic region for sustainable investment solutions, particularly within our active quantitative environmental, social and governance (ESG) strategies and our ETFs. With Alexandra’s leadership, expertise and local experience, we will be well positioned to help our Nordic clients achieve their investment goals.

Kovalenko joined Northern Trust Asset Management in 2019, having held sales positions within the Corporate & Institutional Services (C&IS) sales team of Northern Trust, which she joined in 2017. Prior to joining Northern Trust, she worked as an equity trader at Goldman Sachs in London. on several execution offices. Kovalenko holds a BA in Economics from UCL – University College London, UK.

Northern Trust Asset Management first established itself in Sweden in 2009, following growing demand from Nordic clients for its range of investment management solutions. It has established relationships in the region for over 25 years and continues to expand its capabilities and local footprint. Northern Trust Asset Management is the 4e largest manager of Nordic pension assets in the Nordic region and the 4e largest global equity manager as well as the 8e largest manager of Nordic institutional assets (according to the IPE survey on Nordic institutional assets, December 2020).

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset services, asset management and banking services to businesses, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 US states and Washington, DC, and 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2021, Northern Trust had assets under custody / administration of US $ 15.8 trillion and assets under management of US $ 1.5 trillion. For over 130 years, Northern Trust has distinguished itself as an industry leader for its exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.

Northern Trust Corporation, head office: 50 South La Salle Street, Chicago, Illinois 60603 USA, incorporated with limited liability in the USA. Please read our global and regulatory information.

About Northern Trust Asset Management

Northern Trust Asset Management is a global investment manager who helps investors navigate changing market environments, so they can confidently achieve their long-term goals. Entrusted with US $ 1.2 trillion in investor assets as of September 30, 2021, we understand that investing ultimately serves a more important purpose and believe that investors should be compensated for the risks they take – in all market environments and any investment strategy. That’s why we combine solid capital market research, expert portfolio construction and comprehensive risk management to design innovative and effective solutions that deliver targeted investment results. As committed contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect and transparency.

Northern Trust Asset Management is made up of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, KK, NT Global Advisors, Inc., 50 South Capital Advisors, LLC , Belvedere Advisors LLC and the investment staff of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

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