Northern Trust expanded its family of institutional mutual funds to 20...

Northern Trust expanded its family of institutional mutual funds to 20 with the addition of the Northern Institutional Mid Cap Growth Portfolio, which is managed by Ken Turek, vice president and portfolio manager, who will continue to manage the $1 billion-plus Northern Collective Mid Cap Growth Equity Fund. The new mutual fund will hold at least 65% of assets in stocks with capitalizations within the range of the S&P 400 stock index, selected through a combination of fundamental research and quantitative techniques.