Matthew Peron was named managing director, global equity, at Northern Trust Asset Management, confirmed spokesman John O'Connell.
It is a new position that combines the leadership of the firm's active and indexed equity teams. Mr. Peron previously was managing director, active equity.
Shaun Murphy, director of international equity index, and Chad Rakvin, managing director of equity index, left the firm Monday, said Mr. O'Connell. He had no further information on their plans.