THINKING: Press Releases

Penserra Selected by Northern Trust Asset Management for its Minority Broker Program

Penserra is proud to announce that it has been selected by Northern Trust Asset Management as one of sixteen minority-owned broker dealers for its Minority Broker Program, an increase from eleven in 2019. “We at NTAM take very seriously and are very proud of our long-standing commitment to advancing diversity, equity and inclusion (DE&I),” Northern Trust Asset Management Chief Investment Officer Angelo Manioudakis said. “To that end, we are delighted to be expanding our partnership with firms owned by minorities, women, and disabled veterans.”

Penserra was selected by a group of Northern Trust partners from a group of 28 broker-dealers that responded to a request for information. This is the seventh time that Northern Trust Asset Management has gone through this process since the program’s inception in 2007.

In 2022, NTAM’s parent company, Northern Trust Corporation, received a 100% score in the “Disability Equality Index of Best Places to Work,” a comprehensive benchmarking measure of diversity inclusion. This marks the eight consecutive year it was named to the Index and the fourth consecutive year it received a 100% score. Also in 2022, for the fifth consecutive year, Northern Trust was named to Bloomberg’s Gender Equality Index, which tracks the performance of public companies committed to disclosing their efforts to support gender equality through policy development, representation and transparency.

Please click here to read the press release published by Northern Trust Asset Management.