New York Life Investment Management Names Lisa Hornby as Head of Public Fixed Income

NEW YORK--(BUSINESS WIRE)--New York Life Investment Management (NYLIM) today announced that Lisa Hornby will be joining the firm and will assume the role of Head of Public Fixed Income at the end of the year.

As NYLIM continues to bring together the full strength of its asset management capabilities across public and private markets, Hornby will provide overall strategic leadership and management of NYLIM’s public fixed income teams across MacKay Shields and NYL Investors, overseeing approximately $270 billion in assets under management (AUM) in support of New York Life’s General Account and NYLIM’s third-party clients.

Hornby joins from Schroders, where she most recently served as Head of U.S. Fixed Income. She brings deep investor experience and a strong track record of leading fixed income teams across portfolio management, product strategy and solutions, as well as client and consultant engagement. She also helped drive new business development and expand the platform’s investment capabilities and market presence.

“Lisa is a highly respected investment leader with deep fixed income expertise and a strong track record of building and leading complex businesses,” said Naïm Abou-Jaoudé, CEO, NYLIM. “Her experience across investment grade, high yield, municipals, securitized products, emerging markets, and multi-sector strategies makes her exceptionally well positioned to help strengthen our platform, deepen connectivity across teams and support our long-term growth ambitions.”

Abou-Jaoudé added, “Public fixed income is foundational to our strategy. Lisa’s leadership, investment perspective and collaborative approach will complement the diverse talent and expertise across our leadership team as we continue to scale our global platform.”

Hornby said, “I’m excited to join New York Life Investment Management at such an important time for the firm. The strength of the platform, the quality of the teams, and the firm’s long-term commitment to clients create a compelling opportunity. I look forward to working with Naïm and my new colleagues across the business to build on that momentum and help drive the next phase of growth.”

About New York Life Investment Management

With approximately $807 billion* in assets under management as of March 31, 2026, New York Life Investment Management is a Pensions & Investments' Top 30 Largest Money Manager** and one of the largest active asset managers globally, with leading positions across both public and private markets. Comprised of the affiliated global asset management businesses of New York Life Insurance Company, New York Life Investment Management is committed to achieving enduring financial outcomes and building long-term partnerships across market cycles and generations. Our specialized, independent investment teams bring disciplined active management and deep expertise to help clients navigate the next era of investing.

“New York Life Investment Management” is the brand name and service mark used to represent a group of affiliated investment advisers of New York Life Insurance Company: Andera Partners, Apogem Capital LLC, Ausbil Investment Management Limited, Bow River Asset Management, LLC, Candriam S.C.A., Kartesia Management S.à r.l., MacKay Shields LLC, New York Life Investment Management LLC, NYL Investors LLC, and Tristan Capital Partners LLP.

*Assets under management (AUM) includes assets of the investment advisers that make up “New York Life Investment Management” as of 3/31/2026. AUM includes certain assets, such as nondiscretionary AUM, external fund selection, and overlay services, including ESG screening services, advisory consulting services, white labeling services, and model portfolio delivery services, that are not necessarily considered Regulatory Assets Under Management according to the SEC’s Form ADV. AUM is reported in USD. AUM not denominated in USD is converted at the spot rate as of 3/31/2026.

The total AUM figure for “New York Life Investment Management,” as a brand, is less than the sum of the AUM of each affiliated investment adviser in the group because it does not count AUM where the same assets can be counted by more than one affiliated investment adviser. In addition, AUM includes assets of certain, but not all, investment advisers affiliated with New York Life Insurance Company and excludes assets managed by Andera Partners and Bow River Asset Management, LLC. AUM is based on estimates and is subject to change.

**New York Life Investment Management ranked 28th largest institutional investment manager in Pensions & Investments' Largest Money Managers 2025 published June 2025, based on worldwide institutional AUM as of Dec. 31, 2024. No direct or indirect compensation was paid for the creation and distribution of this ranking.