• Northern Trust plan universe for funds over $100 million posted median return of -0.5% in Q1 2026, first negative quarter since 2024.
• Institutional results weakened as Middle East conflict escalated, tech stocks fell, inflation concerns resurfaced.
• US equity program universe recorded -3.5% median return for quarter.
• US fixed income program universe returned -0.1% in Q1, roughly in line with Bloomberg US Aggregate Bond Index.
• Foundations and endowments raised private-asset exposure, with median private equity allocation topping 25% for first time.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Trust Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202604281015BIZWIRE_USPR_____20260428_BW331850) on April 28, 2026, and is solely responsible for the information contained therein.