SEATTLE--(BUSINESS WIRE)--Russell Investments has hired Paul Eitelman to serve a key role on its global team of investment strategists, whose research and views help guide the firm’s multi-asset portfolios and services for institutional and retail investors. Eitelman most recently served as vice president, senior economist at J.P. Morgan in New York.
Reporting to London-based Andrew Pease, global head of investment strategy, Eitelman joined Russell on March 23 in Russell’s Seattle headquarters.
“I’m very pleased that Paul picked Russell Investments as a career destination. Paul has a top-shelf academic background, has worked at the Fed and gained valuable experience as a senior economist for J.P. Morgan,” said Pease. “He is a strong addition to our global team of investment strategists.”
Pease’s global team of strategists—a component of Russell’s broader Multi-Asset Solutions team—is considered the backbone of Russell’s thought leadership in regards to investment outlook content and related recommendations for portfolio positioning. His team, for example, delivers ongoing market commentary, including the firm’s 2015 Annual Outlook.
At J.P. Morgan, where Eitelman worked since 2011, he focused on global macroeconomic research and analysis and developed sophisticated economic and market forecasting models. Earlier, he worked at the Board of Governors of the Federal Reserve System in Washington, D.C. He holds an M.A. in Finance from the Wharton School of the University of Pennsylvania.
“We expect Paul’s keen research skills and strategic insights, particularly on U.S. market exposure, to benefit our investment process and delivery of multi-asset solutions to clients,” said Christophe Caspar, Chief Investment Officer, Multi Asset Solutions. “His role serves a key function within our multi-asset approach to investing.”
Eitelman fills a position previously held by Doug Gordon, who was promoted to senior portfolio manager, tactical asset allocation strategies. With his new responsibilities, Gordon serves on the firm’s growing U.S. multi-asset portfolio management team, working toward the delivery of successful investment outcomes that solve the real problems clients face.
About Russell Investments
Russell Investments (Russell) is a global asset manager and one of only a few firms that offers actively managed multi-asset portfolios and services that include advice, investments and implementation. Russell stands with institutional investors, financial advisors and individuals working with their advisors—using the firm’s core capabilities that extend across capital market insights, manager research, asset allocation, portfolio implementation and factor exposures to help each achieve their desired investment outcomes.
Russell has more than $272 billion in assets under management (as of 12/31/2014) and works with over 2,500 institutional clients, independent distribution partners and individual investors globally. As a consultant to some of the largest pools of capital in the world, Russell has $2.6 trillion in assets under advisement (as of 6/30/2014). It has four decades of experience researching and selecting investment managers and meets annually with more than 2,200 managers around the world. Russell traded more than $1.7 trillion in 2014 through its implementation services business. Russell also calculates approximately 700,000 benchmarks daily covering 98% of the investable market globally, including more than 80 countries and more than 10,000 securities.
Headquartered in Seattle, Washington, Russell is wholly owned by London Stock Exchange Group (LSEG) and operates globally, including through its offices in Seattle, New York, London, Paris, Amsterdam, Milan, Dubai, Sydney, Melbourne, Auckland, Singapore, Seoul, Tokyo, Beijing, Toronto, Chicago, Milwaukee and Edinburgh. For more information about how Russell helps to improve financial security for people, visit www.russell.com or follow @Russell_News.
Russell Investments is a trade name and registered trademark of Frank Russell Company, a Washington USA corporation, which operates through subsidiaries worldwide and is part of London Stock Exchange Group.
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