The pressure on asset owners is mounting, but so is their influence.
With shifting regulations, growing data demands, and interest in alternatives, institutional investors across EMEA are being pushed to rethink their strategies from the ground up.
In this episode, host Paul Fahey chats with Mark Austin, Pensions and Insurance Executive, EMEA at Northern Trust, to explore findings from Northern Trust’s global asset owner peer study, “Asset Owners in Focus”. They discuss rising priorities such as liquidity, outsourcing, and data integration, and examine how shifting expectations are redefining strategy in the pension and insurance space across EMEA.
Mark discusses:
How asset owners are rethinking liquidity needs amid volatility and alternative investments
The growing demand for integrated, timely, and accurate data to support portfolio decisions
The evolving role of outsourcing in driving efficiency and value recognition
Government-driven consolidation in the UK pension space and its operational consequences
Why asset owners are beginning to shape pricing and dictate terms with asset managers and other providers
Superannuation funds in Australia are evolving rapidly, finding new pathways to optimize returns and manage risks.
How are they leveraging size, adapting their operations, and enhancing their data strategies for better investment outcomes? What can other regions learn from their focus on private markets and technology investments?
In this episode, host Paul Fahey speaks with Leon Stavrou, Head of Australia and New Zealand at Northern Trust, to discuss key findings from Northern Trust’s asset owner peer study, “Asset Owners in Focus”. They explore emerging trends in the superannuation sector, shifts in strategies, and the growing role of technology and data in transforming investment approaches.
Leon Stavrou discusses:
The increasing allocation of superannuation funds to private markets, including infrastructure and private credit
Challenges and strategies in managing liquidity amid growing investments in less liquid assets
Impacts of fund consolidation on insourcing versus outsourcing operational and investment activities
How technology and data solutions are enhancing decision-making and operational efficiency
The growing interest in alternative assets, including crypto and physical gold, and their integration into portfolios
In this episode of Faster Forward, host Grant Johnsey sits down with Melanie Pickett, Head of Asset Servicing, Americas, to unpack the latest findings from Northern Trust’s global asset owner survey, “Asset Owners in Focus”. Their discussion dives into how institutional investors around the world are adjusting their strategies amid a rapidly changing landscape.
They also touch on the topic of cryptocurrency. While some clients are receiving crypto through gifts or distributions from private equity funds, Melanie notes that strategic asset allocation to crypto remains uncommon, though it’s a trend worth watching.
Looking ahead, Melanie emphasizes the growing influence of geopolitical events and tax policy on portfolio construction. Asset owners are shifting from regional allocations to more granular, country-specific strategies. Even traditionally tax-exempt institutions are paying more attention to after-tax investment outcomes due to changing tax treaty landscapes.
Key highlights include:
The surprising levels of cash reserves that asset owners are maintaining
The move towards strategic liquidity management amid market volatility
The significance of operational efficiency in managing diverse portfolios
A snapshot of regional variations in sustainable investing practices
Melanie joined Northern Trust in January 2017, charged with creating a new line of business centered on meeting the portfolio management and technology needs of complex asset allocators around the globe. In late 2018, Melanie led an equity investment in Parilux Investment Technology and built Northern Trust’s first cloud-native software business. In early 2019, Melanie increased Northern Trust’s equity stake in Parilux to a majority position and launched Northern Trust’s Front Office Solutions. Since launch, the platform has grown to serve over $550BN in AUM. Northern Trust fully acquired Parilux in April 2021. Melanie also serves as the global product executive for alternative investments, directing capital and strategy to the firm’s investments in services for limited partners, inclusive of a multi-year digitization initiative utilizing groundbreaking machine learning capabilities.
In January 2021, Melanie took responsibility for the firm’s not-for-profit, healthcare, public pension, and Taft Hartley businesses, and in January 2022, she added responsibility for the insurance and large corporate businesses, as well as Northern Trust’s Canada business.
Melanie’s remit now spans the entirety of the Asset Servicing business in the Americas, directing the bank’s strategy, growth, and delivery of all firmwide products & services for asset owners and asset managers in the Americas region.
