Take context from the input text and decide on the accurate relationship between 'Northern Trust' and 'Asset Management' from the options provided.
Options: publisher, parent organization, product/material produced, owned by

Northern Trust (Nasdaq: NTRS) Asset Management has named Hazel McNeilage as Managing Director for Europe, Middle East and Africa (EMEA), in line with its continuing focus on building relationships with institutional clients across the region.
product/material produced