Alec Robert Harrell has joined Northern Trust as vice president and portfolio manager for Northern Trust Value Investors (NTVI), a division of Northern Trust Investments (NTI). Harrell is responsible for conducting research on domestic and international equities and also serves on the Large Cap Value Investment Committee. Before joining Northern Trust, Harrell co-founded Convergent Fund Management, LLC, a registered investment management firm specializing in quantitative equity strategies.

Northern Trust, the world's 7th largest asset manager and a leading provider of personal financial services for affluent individuals and families, announced today that Alec Robert Harrell has joined the company as Vice President and Portfolio Manager for Northern Trust Value Investors (NTVI), a division of Northern Trust Investments (NTI). Harrell is responsible for conducting fundamental research on domestic and international equities. Additionally, he serves on the Large Cap Value Investment Committee which provides guidance on large cap value investing.

"Alec's broad base of skills in research and portfolio management are tremendous assets to our clients and our business", commented Mr. Robin Kollannur, chief investment officer of NTVI and co-manager of the Northern Large Cap Value Fund. "His appointment continues our strategy to grow the Large Cap Value team while offering Northern Trust's institutional and high net worth clients with the best solutions for value investing."

Prior to joining Northern Trust, Harrell co-founded Convergent Fund Management, LLC, a registered investment management firm specializing in quantitative equity strategies located in Southern California. There he co-managed a 4-star rated Morningstar fundamental quantitative portfolio marketed to high net worth and institutional clients. Before Convergent, Harrell held investment management and analyst positions at Needelman Asset Management and the Provident Growth Fund, also in Southern California.

Harrell is a Chartered Financial Analyst and a member of the South Florida Financial Analysts Society. He received his bachelor's degree in politics, philosophy and economics from Claremont McKenna College. He also earned a Masters of Business Administration and Juris Doctor degree from the University of Southern California.

Northern Trust Value Investors (NTVI), founded in 1987, is a division of Northern Trust Investments (NTI). NTVI is dedicated to the management of active value products for institutions, endowments, corporations and high net worth investors. NTI is a wholly owned subsidiary of Northern Trust Corporation.

Northern Trust Corporation is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Northern Trust, a multibank holding company based in Chicago, has a growing network of 85 offices in 18 U.S. states and has international offices in 13 locations in North America, Europe and the Asia-Pacific region. As of June 30, 2007, Northern Trust had assets under custody of $4.0 trillion, and assets under investment management of $766.5 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining high-touch service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.

Edited by: Erin Kello

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE