Steven Meier Named CIO of New York City Pension System | Chief Investment Officer ai-cio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ai-cio.com Daily Mail and Mail on Sunday newspapers.
Russell Investments Changes Up Leadership Structure
Alums from Goldman Sachs and Morgan Stanley will take over positions as global chief investment officer and president.
Kate El-Hillow
Russell Investments has appointed a new global chief investment officer and president, amid other leadership changes at the firm.
The consulting firm appointed Goldman Sachs’ Kate El-Hillow as its new global chief investment officer, as well as Kevin Klingert, previously at Morgan Stanley, as its president. Both appointees will report to Chairman and CEO Michelle Seitz and serve on the executive committee.
“Kate and Kevin join us at a critical time,” Seitz said in a statement. While Russell Investments is an 85-year-old investment firm, the company is looking to expand its global franchise. Seitz noted that just one in four asset owners with less than $10 billion in assets have outsourced their investments.