Steven Schoenfeld Named Chief Investment Officer Of Northern Trust Global Quantative Management

Steven A. Schoenfeld has been named Chief Investment Officer of Global Quantitative Management, a unit of Northern Trust Global Investments (NTGI) and one of the world's largest money managers. As CIO, Schoenfeld will assume responsibility for investment performance across Northern

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Steven A. Schoenfeld has been named Chief Investment Officer of Global Quantitative Management, a unit of Northern Trust Global Investments (NTGI) and one of the world’s largest money managers.

As CIO, Schoenfeld will assume responsibility for investment performance across Northern Trust’s index, enhanced and quantitative active products, and for the leadership and oversight of the quantitative investment process. Since joining Northern Trust in 2004, Schoenfeld has been chief investment strategist, working closely with the sales and client service teams to lead research, strategy and product development efforts for Global Quantitative Management. He will continue to report to Michael Vardas, head of Global Quantitative Management, and Orie Dudley, Global CIO for NTGI.

“Steven Schoenfeld has been a dynamic leader of our quantitative investment team as it forges new strategies for domestic and international markets, and his new title and duties recognize that leadership,” says NTGI President Terry Toth. “In addition to showcasing Northern Trust’s quantitative investment capabilities in the global marketplace, Steven and his team have earned the respect of their professional peers with important investment research for our clients and externally-published articles over the last two years.”

Prior to joining Northern Trust, Schoenfeld had started two companies in the index/quantitative space and previously was a Managing Director for Barclays Global Investors, where he served six years in a variety of portfolio management and investment strategy roles, including Head of International Equity Management and Head of International Equity Strategy. Before joining BGI in 1996, he was an Investment Officer at the International Finance Corporation/World Bank specializing in emerging market indexation, a stock index futures trader in Singapore and a hedge fund trader in New York.

In addition to Schoenfeld’s new responsibilities, Northern Trust announced the hiring of James Upton as a Senior Investment Strategist in the New York office. Upton joins with 14 years experience on Wall Street as an international economist, sovereign risk analyst and global equity strategist at Merrill Lynch, Morgan Stanley and Credit Suisse.

“We are excited about the momentum that our quantitative business is experiencing and, with the continued expansion of our investment talent and client service resources, we expect increasing success going forward,” says Vardas.

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