What You Need to Know
- Angelo Manioudakis was named the new chief investment officer of Northern Trust, replacing Bob Browne, who left in June.
- Manioudakis has 32 years in financial services, including as chief investment officer of Fidelity's Global Asset Allocation division.
- He will report to Northern Trust Asset Management President Shundrawn Thomas.
Northern Trust Asset Management, with $1.2 trillion under management, announced Thursday that its new chief investment officer will be Angelo Manioudakis, formerly managing partner and co-founder of Lantern Harbor Investment Partners, an alternative investment firm. Manioudakis replaces Bob Browne who retired from the bank in June.
Prior to Lantern, where he was for almost two years, Manioudakis was chief investment officer of Fidelity’s Global Asset Allocation division, which had $500 billion in assets. Before that he was head of public fixed income and derivatives with Sun Life, chief investment officer for institutional fixed income for OppenheimerFunds and a portfolio manager for Morgan Stanley Investment Management.
Manioudakis, who starts the position on Sept. 27, will be responsible for investment performance, process and philosophy of NT products. Also, he will chair the firm’s investment policy committee, which sets policy for all Northern Trust groups in all asset classes.