Northern Trust Asset Management has hired a former Goldman Sachs Asset Management leader as its global head of product strategy.
Xiangrong (Sharon) Jin, Ph.D, has more than two decades of industry experience including senior leadership roles in portfolio strategy and client portfolio management at GSAM, and will focus on driving innovation, achieving scalable growth, and designing client-centric solutions.
Jin’s product strategy oversight will be across all asset classes investment strategies, vehicles, and geographies.
Reporting to NTAM global head of product Paula Kar, she will also work with the firm’s investment and distribution teams to fuel product development and commercialization.
“Sharon brings a wealth of multi-asset investment expertise and extensive global experience crafting solutions to serve clients’ complex investment needs. As NTAM continues to innovate and grow product offerings, Sharon’s leadership of the global product strategy organization will enable us to provide our clients with best-in-class investment solutions designed to meet and exceed their goals,” Kar said.
Northern Trust Asset Management manages more than $1.2 trillion in assets as of June 30, 2024.
The new regional leader brings nearly 25 years of experience as the firm seeks to tap a complex and evolving market.
The latest updates to its recordkeeping platform, including a solution originally developed for one large 20,000-advisor client, take aim at the small to medium-sized business space.
David Lau, founder and CEO of DPL Financial Partners, explains how the RIA boom and product innovation has fueled a slow-burn growth story in annuities.
Crypto investor argues the federal agency's probe, upheld by a federal appeals court, would "strip millions of Americans of meaningful privacy protections."
Meanwhile in Chicago, the wirehouse also lost another $454 million team as a group of defectors moved to Wells Fargo.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
