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    Northern Trust Launches 130/30 Long-Short Strategy

    Northern Trust Global Investments (NTGI), the multi-asset class investment management business of Northern Trust, has launched a Quantitative 130/30 Core Equity Strategy, which seeks to outperform the Russell 1000 Index by applying a multi-factor investment process and disciplined, risk-controlled approach.

    "The 130/30 strategy is a natural extension of our existing quantitative investment process that allows us to express both our positive and negative views on stocks based on our research," said Jeremy Baskin, Global head of Quantitative Active Strategies for NTGI. "With this strategy, institutional investors get to capture the full benefit of our research capabilities while overcoming traditional long-only inefficiencies."

    NTGI's Quantitative 130/30 Core Equity Strategy has a goal of outperforming the Russell 1000 Index by 4.00% annually over a full market cycle. The strategy enables the portfolio manager to take short positions up to 30% and long positions up to 130%. The strategy is designed to leverage the strategy's alpha while maintaining 100% exposure to the market. By relaxing the long constraint, the strategy can achieve higher alpha targets without sacrificing diversification or efficiency.

    "We are pleased to introduce the '130/30 long-short' strategy as part of our continuing development of quant active investment solutions across multiple distribution channels," said Michael Vardas, head of Global Quantitative Management at Northern Trust Global Investments. "Northern Trust continues to make a strong commitment to quantitative active management, while growing our research team four-fold since 2004 and with ongoing rigorous research to deliver world class alpha generating products."

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