Northern Trust Management Manager Profile

Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently realize their long-term objectives. Entrusted with $914 billion in assets,1 we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management to craft innovative and efficient solutions that deliver targeted investment outcomes. As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect, and transparency.

1 Assets under management as of March 31, 2020

2019 YE — All values in USD billionsDefinitions

Firm Information

AUM, Firm Distribution

Insurance GenAcct 3rd PartyInsurance GenAcct AffilInsurance SepAcctAll Other FirmAUMTotal Firm AUM20.58996.0261,016.61
Northern Trust Asset Management

www.northerntrust.com
50 South LaSalle Street, Chicago, IL 60603

Andrew Stoll
Managing Director
AMS16@ntrs.com
312-444-5860

Service Offerings & Client Profiles

Insurer Services
Investment Accounting OutsourcingYALM PartneringY
Customized Portfolio ReportingYRegulatory AssistanceY
Insurance Client Web PortalYStrategic Asset Allocation AdviceY
Peer AnalyticsYTactical Asset Alloc / Multi-Asset Portfolio MgtY
Capital Modelling & ManagementYInsurance Client ConferencesY
Income & Cash Flow ProjectionsYESG Specific Products Placed with InsurersY

Client Type Count

Life HealthPropertyCasualtyReinsurance(All Lines)Multi-LineOtherTotal ClientCount1961430

Client Relationship Size

<$250mn$250mn – $1bn$1 – $5bn5 – $10bn>$10bn481241

AUM Summary

3rd Party General Account Public Private Total
Fixed Income44
Equities16.5816.58
Total20.5820.58
Firm Public Private Total
Fixed Income425425
Equities5839592
Total1,00891,017
Regions 3P-GA Firm
N America20.58851.266
Europe & UK125.192
APAC40.148
Offshore
Other

AUM Details

Public Fixed Income 3P-GA Firm
Cash/Short-Term242.1
Governments & Agencies203.301
Corporates90.531
Municipals, Tax-Preferenced33.7
Municipals, Taxable
Securitized – RMBS
Securitized – All Other17.358
Convertibles
High Yield5.3
Bank/Leveraged Loans0.4
CLOs
Emerging Markets – Sovereigns
Emerging Markets – Corporates
Other
Public Equities 3P-GA Firm
Large Cap461.996
Mid Cap15.123
Small Cap59.215
Global Developed Markets525.431
Emerging Markets27.917
Quant/Smart Beta15.931
Mkt Neutral / Long-Short / Liquid Alts
Dividend-Tilt2.7
Passive SMAs90
Other23.258
Private Fixed Income 3P-GA Firm
Private Placements – Traditional
Corporate – Middle Market
RE – CMLs
RE – All Other Debt
Infrastructure Debt
Structured
High Yield
Other
Private Equity, Equity Alts 3P-GA Firm
PE / VC6.7
RE Equity
Infrastructure Equity
Hedge Funds2.7
Other

Notes
Northern Trust Asset Management is composed of Northern Trust Investments, Inc. Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust
Global Investments Japan, K.K, NT Global Advisors Inc., 50 South Capital Advisors, and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Comp.