UK - Northern Trust Global Investments (NTGI) has added to its global quantitative management business with the appointments of Morgan Stanley's Jason Toussaint and State Street's Joseph Molloy.
NTGI said it made the hires in response to increased client demand for quantitative index and enhanced index investment solutions.
Toussaint joined the firm as a senior investment strategist and will be responsible for providing investment solutions focused on index and enhanced index strategies to meet the needs of NTGI’s client base in Europe, the Middle East and Asia.
NTGI said Toussaint would also work on developing new quantitative management capabilities and solutions for the marketplace.
He worked most recently at Morgan Stanley Capital International (MSCI), where he led the index derivatives product development in Europe, Middle East, Africa and Asia.
Molloy has been appointed portfolio manager, and will focus on managing NTGI’s international equity index portfolios, including emerging market strategies. He joined from State Street Global Advisors, where he spent three years as a quantitative portfolio manager.
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