Northern Trust Loses $160 Million Mandate to Amundi Over Exit from Climate Groups

UK charity endowment manager Nesta Trust announced that it has transferred a £120 million (USD$160 million) investment mandate from U.S.-based Northern Trust Asset Management (NTAM) to European asset manager Amundi, stating that the move is a “direct consequence” of NTAM’s…

Read MoreNorthern Trust Loses $160 Million Mandate to Amundi Over Exit from Climate Groups