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Northern Trust Asset Management names John McCareins as MD Asia-Pacific

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Northern Trust (NTRS) has appointed John McCareins to lead its asset management business across Asia-Pacific (APAC).

Based in the Hong Kong office, McCareins is responsible for overseeing Northern Trust’s asset management activities across Asia, Australia and New Zealand. Northern Trust Asset Management’s activities in the region include global equity portfolio management and global equity dealing from Hong Kong, as well as investment strategy, relationship management and sales teams based in Hong Kong, Japan, Singapore and Australia. McCareins reports functionally to Wayne Bowers, head of Northern Trust Asset Management, EMEA and APAC and locally to William Mak, head of Northern Trust in APAC.

“John is a seasoned investment professional who has an excellent track record in asset management through investment thought leadership and high level client service,” says Bowers. “He brings deep knowledge and his leadership and expertise will continue to position us for growth across the region.”

McCareins has more than 18 years of investment experience, most recently as head of the Retirement Practice Outsourced Chief Investment Officer (OCIO) business within Northern Trust’s Multi-Manager Solutions group. Here he led a team that oversees multi-asset investment programmes with more than USD60 billion in assets for asset owners globally. He has been a senior investment officer and client service leader in OCIO for over 10 years. During his career, he has also worked at T. Rowe Price where he was responsible mutual fund and sub-advisory product development. He holds an MBA from the Tuck School of Business at Dartmouth College and a bachelor’s degree from Northwestern University.

“I am delighted to lead Northern Trust’s asset management business in APAC,” says McCareins. “APAC is our fastest growing region and I look forward to working with our local team to continue to deliver investment solutions that meet the needs of current and prospective clients across the region.”

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