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Northern Trust Asset Management has refined how it categorizes its assets under management. The revised categorization and total Northern Trust Asset Management AUM figure excludes certain assets of the broader corporation. This refinement does not affect the total assets under management reported by Northern Trust Corporation.
777 relates to full time employees within Northern Trust Asset Management, as at Q4 2018. However, Northern Trust Corporation (NTRS) is a publicly traded company with over 18,100 permanent employees worldwide.
In response to question 6.4 please note that our clients' AUM does not belong to us and therefore is held off balance sheet.