Curated News
By: NewsRamp Editorial Staff
June 03, 2025
Northern Trust Names Katherine McCabe to Lead OCIO Strategy
TLDR
- Northern Trust gains a strategic edge by appointing Katherine McCabe to lead OCIO strategy, leveraging her 30 years of asset owner expertise to enhance client investment returns.
- Katherine McCabe will develop strategic relationships with OCIO firms and investment consultants, reporting to Melanie Pickett, to innovate solutions for Northern Trust's Asset Servicing business.
- Northern Trust's appointment of Katherine McCabe aims to empower clients' missions, maximizing investment returns to benefit their communities and the world through enhanced OCIO strategies.
- With over 30 years in the industry, Katherine McCabe joins Northern Trust to revolutionize OCIO strategies, bringing a wealth of knowledge from State Street and BNY Mellon.
Impact - Why it Matters
This appointment is significant as it highlights Northern Trust's strategic focus on the growing OCIO market, aiming to provide tailored solutions that meet the evolving needs of asset owners and investment consultants. McCabe's leadership and deep industry expertise are expected to drive innovation and strengthen Northern Trust's position as a trusted partner in the asset servicing space, ultimately benefiting clients by enhancing their investment strategies and outcomes.
Summary
Northern Trust, a global leader in wealth management and asset servicing, has announced the appointment of Katherine McCabe to spearhead the Outsourced Chief Investment Officer (OCIO) strategy within its Asset Servicing division. This strategic move underscores Northern Trust's commitment to enhancing its services for the OCIO community, leveraging McCabe's extensive 30-year experience in the asset owner space. McCabe, who previously held leadership roles at State Street Bank & Trust Company and Bank of New York Mellon, will focus on developing strategic relationships and crafting innovative solutions tailored to the unique needs of OCIOs and their clients. Northern Trust's dedication to the asset owner segment is aimed at empowering clients to maximize investment returns, thereby enabling them to better serve their communities and the broader world. For more insights, visit northerntrust.com.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Northern Trust Names Katherine McCabe to Lead OCIO Strategy
