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...

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