Review/outlook series: Northern Trust bullish on emerging markets, less so US Treasuries
In the first of a series of investment review and outlook pieces, Northern Trust's chief investment strategist says the group underestimated the rebound in global real estate in 2009, but made the right call on emerging markets.
Jim McDonald is chief investment strategist at Northern Trust in Chicago. He also chairs the tactical asset allocation committee, is a member of the investment policy and private equity investment committees and is trustee of the Northern Trust Alpha Strategies Hedge Fund.
Before joining Northern Trust in 2001, McDonald was director of research at ABN Amro in New York and Chicago (1994-2000) and equity research analyst at the same bank following the environmental services industry (1…
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