UK – Michael Kinney has been brought on board by Northern Trust to become director of its multi-manager affiliate, Northern Trust Global Advisors (NTGA).
Kinney, who takes up his position on April 2, will support the launch of new products during 2001, which Northern Trust says will include hedge fund and private equity multi-manager structures.
Tony Earnshaw, managing director of NTGA, comments: “We are seeing increased demands for these products as UK pension funds identify the benefits afforded from manager of managers investment structures. Michael will bring invaluable experience from the UK and US at this exciting time in the life-cycle of multi-manager products.”
Kinney joins from Callan Associates in San Francisco where he worked as an international consultant for two years.
Prior to his US posting, Kinney was a senior consultant and head of research at Bacon & Woodrow in London.