Northern Trust Asset Management, a leading global investment management firm with $1.3 trillion in assets under management as of June 30, 2025, has appointed Anwiti Bahuguna, Ph.D. as global co-chief investment officer. She joins current Global Co-Chief Investment Officer Christian Roth, CFA and succeeds Michael Hunstad, Ph.D., who was recently named president of Northern Trust Asset Management.

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Anwiti Bahuguna, Global Co-Chief Investment Officer, Northern Trust Asset Management

In this role, Bahuguna will oversee Northern Trust Asset Management’s broad range of investment capabilities from index, fundamental, quantitative and tax-advantaged strategies to active, multi-asset class solutions and alternative investments. In partnership with Roth, she will be responsible for investment performance, process and philosophy, while leading an investment team of more than 300 professionals globally. She will be a member of the Asset Management Leadership Group, Investment Policy Committee and Risk Committee. Bahuguna is based in Chicago and reports to Northern Trust Asset Management President Michael Hunstad.

“Anwiti brings global investment experience and deep economic expertise to this role,” Hunstad said. “Her proven ability to develop multi-asset strategies, build and lead high-performing teams, and navigate the complexities of global markets will help drive our clients’ investment success. I am confident that Anwiti will elevate our investment process and deliver value to investors worldwide.”

During her 27 years in the investment industry, Bahuguna has built and strengthened global investment teams and developed multi-asset strategies using equities, fixed income and alternative investments. Most recently, Bahuguna was deputy global chief investment officer for Northern Trust Asset Management, CIO of multi-asset investments, and head of retirement and not-for-profit OCIO investment teams. Previously, she spent two decades at Columbia Threadneedle, where she served as head of U.S. multi-asset strategy.

Bahuguna holds a doctorate in economics from Northeastern University and a bachelor’s degree in economics and mathematics from St. Stephen’s College, Delhi University. She serves on the Board of Ammonoosuc Conservation Trust, where she is a member of the finance committee.

About Northern Trust Asset Management

Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments in efforts to realize their long-term objectives. Entrusted with $1.3 trillion in assets under management as of June 30, 2025, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management in an effort to craft innovative and efficient solutions that seek to deliver targeted investment outcomes. As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect and transparency.

Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Northern Trust Asset Management Australia Pty Ltd, and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2025, Northern Trust had assets under custody/administration of US$18.1 trillion, and assets under management of US$1.7 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

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Anwiti's proven ability to develop multi-asset strategies, build and lead high-performing teams, and navigate the complexities of global markets will help drive our clients’ investment success.