Northern Trust appoints MD Asset Management - APAC

Northern Trust has appointed John McCareins to lead its asset management business across the Asia-Pacific.

Based in the Hong Kong office, McCareins will be responsible for overseeing Northern Trust's asset management activities across Asia, Australia and New Zealand.

He has more than 18 years' investment experience, most recently as head of the Retirement Practice Outsourced Chief Investment Officer (OCIO) business within Northern Trust's Multi-Manager Solutions Group. He has also worked at T. Rowe Price where he was responsible for mutual fund and sub-advisory product development.

Commenting on his appointment, McCareins said: "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."