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
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.