Northern Trust has partnered with eVestment, a provider of data and analytics platforms to institutional investing community, enhance its peer universe comparison capabilities.
As the agreement, eVestment manager universe data is integrated into Northern Trust’s web-based and published reporting applications.
An important feature of the eVestment data is the ability to deliver results to investors across base currencies, providing access to markets outside the US.
Northern Trust claims that the integration of eVestment’s universes will expand its clients’ access to a global array of more than 500 manager peer universes across six asset classes and 74 countries.
Through Northern Trust’s Investment Risk and Analytical Services (IRAS) peer universe comparison capabilities, clients can compare the performance of investment managers’ decile ranking against a broad universe of manager mandates ranging from public to private markets.
Ian Castledine, global head of Investment Risk & Analytical Services Product at Northern Trust, said: “The collaboration with eVestment differentiates us in the manager peer comparison space. With the integration of eVestment data into our flexible reporting modules, our clients have a broader, more complete view of their manager’s performance.”