Welcome to Financial Advisor IQ

Why Northern Trust Has Shifted Positions to Capture Strategic Investment Opportunities

By Garrett Keyes November 27, 2018

Northern Trust has shifted its investment positions to capitalize on short- and long-term strategic opportunities the firm sees presenting themselves as markets enter a lower return environment in 2019, Jim McDonald, executive vice president and chief investment strategist of Northern Trust, tells FA-IQ.

McDonald is not alone in predicting impending market changes. Rich Steinberg, managing director and partner of HSW Advisors, previously told FA-IQ volatility may be on the upswing. Coming off a period of historically low volatility, advisors can expect to experience incremental volatility, and it will feel worse due to the economy exiting a period of benign volatility, he said.

Speaking with FA-IQ at the Schwab conference in Washington, D.C., McDonald outlines what Northern Trust is doing to take advantage of short- and long-term investment opportunities that may present themselves, and how they will cope with changing market conditions: