Northern Trust Corp., already a big bank player in managing mutual funds for institutional clients, is preparing to make a major push into the retail market.

The Chicago-based banking company plans soon to introduce a family of funds for individuals, and will distribute the funds through more than 40 offices around the country.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.