Northern Trust has unveiled two new emerging manager collective funds. The NTCC Emerging Manager U.S. Equity Non-lending Fund and the NTCC Emerging Manager Large Cap Non-lending Fund will target institutional investors. The U.S. Equity fund will track the Russell 3000 Index of U.S stocks, while the large cap fund will follow the performance of the Russell 1000 Index of large-cap U.S. stocks. The funds are managed in a multi-manager structure by 11 sub-managers.

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