Neuberger Berman has appointed Joe McDonnell for the latest created role of head of portfolio solutions in the midst of rising demand for the “customized solution” in the institutional space.

Joining after ten years in a similar role at Morgan Stanley Investment  Management, McDonnell will take the potential responsibility for designing and supervising multi-asset directives and employing with the strategic partners of the firm. He will participate in the multi-asset class investments team and report to co-leads Erik Knutzen and Doug Kramer. The group told McDonnell, who earlier to Morgan Stanley spent ten years in corporate interpreted pension plan management, will grip the platform of the firm for identifying the customized quantitative solutions, and to assist construct, supervise and impose portfolios to meet specific objectives of the client.

Director of EMEA and Latin America at Neuberger Berman Dik Van Lomwel told, “ In light of the more dynamic market environment, we see an increased need for more customized solutions for our institutional clients. We have been building our capabilities in this area and Joe’s presence will enhance this dialogue.”

McDonnell included, “The investment platform’s breadth, depth, and level of innovation, combined with a strong corporate culture and willingness to explore opportunities to partner with clients make me excited to join Neuberger Berman. ”

 

 

 

Related Articles
Next Story
Going Viral
Plan To Block No Deal ‘Could Involve Queen’, Brexit

Plan To Block No Deal ‘Could Involve Queen’, Brexit

by Susmita July 19, 2019
Sources said, senior Tories, seeking to block a no-deal Brexit, are investigating a radical plan involving Queen. The top officials in the rebel group are worried over the fact that the next prime minister could ignore the will of parliament that they have discussed a scheme to ask the Queen to intervene. Amid the inflamed atmosphere at Westminster, these Conservatives are thinking of holding a vote on a parliamentary device...