Northern Trust Corp. reported $945.6 billion in assets under management as of June 30, down 1.5% from three months earlier, but up 2.3% from a year prior, its second-quarter earnings report said on Wednesday.
Corporate and institutional assets under management totaled $713.6 billion, down 1.8% from the end of the previous quarter, but up 1.7% from June 30, 2014.
The company also reported $80.6 million in investment management fees for the second quarter, up 5.5% from the first quarter, and up 3.7% from the second quarter of 2014.
Total fees, which include custody and fund administration, investment management and securities lending, were $432 million in the first quarter, up 6.1% from the previous quarter and up 9.3% from the first quarter of 2014.
The bank's corporate and institutional assets under custody were $6.177 trillion as of March 31, up 1.4% from three months earlier and up 2.9% from a year earlier.