Northern Trust has made a number of hires in the outsourced CIO space within its Multi-Manager Solutions group.
Eric Peterson, senior program manager, will work with defined-benefit, defined-contribution and Taft-Hartley retirement plan clients on investment strategy. He is a former managing director of public markets for Boeing’s Trust Investment Group, where he was responsible for defined benefit pension assets and helped implement a liability-driven investment strategy.
Kim Matthews, pension risk strategist, will support corporate pension clients with actuarial consulting. She most recently worked in an actuarial position at Aon Hewitt.
Mark Meisel, senior portfolio specialist, will work with the multi-manager investment team servicing institutional and private clients on investment strategy. He has worked at Citi and UBS in manager research, investment strategy and product management.
Brian O’Hara, portfolio manager, will design, structure and implement multi-manager portfolios for institutional clients. He most recently was a portfolio manager at IBM with experience investing for both defined-benefit and defined-contribution plans.
We have been delivering outsourced investment management for 30 years, and the need for these services is only increasing as investment challenges become more complex and strategies change, says Joseph W. McInerney, head of Multi-Manager Solutions at Northern Trust. These four experienced professionals bring further depth to our multi-manager solutions team so we can continue to provide our clients with exceptional investment solutions and service without compromising our process.
Northern Trusts Multi-Manager Solutions has more than $37 billion in assets under management and $40 billion in assets under advisory for institutional and wealth management clients.
Our disciplined innovation process matches the expertise of a global investment manager platform with the evolving needs of corporations, not-for-profit organizations, family offices and other investors, says Chris Vella, CIO for Northern Trust Multi-Manager Investments. Strong investment research and portfolio management teams are the foundation of our process, and these key additions demonstrate Northern Trust’s steadfast commitment to this flagship capability within our asset management business.”
(CG)