GLOBAL - Morgan Stanley Investment Management has named Dennis Shea as its new chief investment officer, replacing Joe McAlinden.
McAlinden, who joined in 1995 will assume a new role as chief global strategist.
In an internal memo obtained by Global Pensions, the firm said he would retain lead portfolio management responsibilities for the Morgan Stanley multi-asset class fund and the Morgan Stanley allocator fund.
Shea, was previously the managing director and director of global equities research at Morgan Stanley since 2001, where he oversaw 800 researchers, over 2,000 stocks and the economies of 40 countries. In his new role he will report to Owen Thomas, president and COO.
By Daniel Flatt
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