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.
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
Counsel representing Lisa Cook argued the president's pattern of publicly blasting the Fed calls the foundation for her firing into question.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
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.
