Katie is an Executive Vice President and Chief Investment Officer for the Wealth Management business at Northern Trust. In that capacity, Katie leads the national investment management practice for Northern Trust’s Wealth Management business from the firm’s Chicago headquarters. Her responsibilities include investment policy development with a particular focus on portfolio construction and implementation. She also directs the investment management activities of over 200 Northern Trust portfolio managers across the firm’s 60+ Wealth Management offices. Katie sits on the Firm’s Investment Policy Committee and Tactical Asset Allocation Committee, and she chairs the Wealth Management Investment Advisory Committee. Katie was selected as one of Private Asset Management’s ‘50 Most Influential Women in Private Wealth’ for 2016.
Northern Trust Wealth Management Chief Investment Officer Katie Nixon speaks with Yahoo Finance's Seana Smith at Yahoo Finance's 2022 All Markets Summit.
I do think investors should have some historical perspective, and then perhaps take a deep breath because although it's really tempting to try to time investing over a bear market cycle, gosh, when you see those numbers ripping up and down, you feel like you should do something. Unfortunately, the best but most uncomfortable thing to do is to do nothing because we have these great days in the market that are quickly followed by some tough days. And they all happen in the middle of a bear market.