Neuberger Berman hires from Morgan Stanley IM for multi-asset role

Joe McDonnell joins as head of portfolio solutions (EMEA)

clock • 1 min read

Neuberger Berman has hired Joe McDonnell for the newly created role of head of portfolio solutions (EMEA) amid increasing demand for "customised solutions" in the institutional space.

McDonnell, who joins after ten years in a similar role at Morgan Stanley Investment Management, will be responsible for designing and overseeing multi-asset mandates and engaging with the firm's strategic partners. He will be part of the quantitative and multi-asset class investments team and report to co-heads Erik Knutzen and Doug Kramer. The group said McDonnell, who prior to Morgan Stanley spent ten years in corporate defined pension plan management, will leverage the firm's platform to identify customised quantitative solutions, and to help construct, oversee and implement portfo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Schroders chief executive Peter Harrison to retire in 2025

Schroders chief executive Peter Harrison to retire in 2025

Harrison began his career at Schroders as a graduate in 1988

Cristian Angeloni
clock 24 April 2024 • 2 min read
Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read