Industry News
The foundation has promoted its managing director of investments to serve as cio and oversee its endowment as its previous investment head left to serve as cio at an investment firm.
The plan promoted from within for the roles overseeing the $41.2 billion fixed-income portfolio and $144.9 billion global equity portfolio.
The pension plan ended the employment agreement of its executive director, who had been on paid administrative leave since November.
The team added two new team members from Nuveen and a third from Lord Abbett & Co.
The firm’s new head of U.S. research will join next quarter.
She directs the creations, education and accompanying support of AAM’s expanding alternative product offerings.
The firm has seen record growth in recent years, including onboarding 292 advisors to both new and existing practices across its network in 2023.
He will help evaluate, analyze and monitor investments made by the firm.
The investment consulting firm’s president is leaving the firm at the end of the month for a global leadership role at a financial services firm.