NEW YORK, Dec. 3, 2013 /PRNewswire/ -- Chris Moran, a veteran sales management executive and relationship manager, has been appointed the new Head of Sub-Advisory for Schroders. He will focus on helping to manage and expand the existing sub-advisory client relationships (over $11.8 billion in AUM as of September 30, 2013) and also work to generate new mandates by offering Schroders expansive product set to the U.S. Market.
Mr. Moran, who previously served as National Sales Manager and Client Advisor for J.P. Morgan Asset Management, will report to Carter Sims, Head of U.S. Intermediary Distribution. Prior to serving at J.P. Morgan Asset Management, he served as the Regional Vice President of ING Group.
"Chris brings to Schroders comprehensive experience in business strategy and execution, along with an extensive knowledge of investment product sales, insurance distribution, investment marketing and sales management," said Mr. Sims. "He has a proven ability to grow assets, and we believe his expertise will be a tremendous value to the financial institutions we serve, as we continue to grow and diversify our client base and product set."
During his time with J.P. Morgan Asset Management, Mr. Moran helped to grow Sub-advisory AUM from $12 billion to $60 billion over an eight-year period, and also was responsible for leading the sales team through the launch of five multi-asset class allocation mandates across four firms. "We continue to see growth in North America as a major opportunity, and the addition of Chris to our team will help us seize that opportunity within Sub-Advisory," Mr. Sims said.
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Schroders is a global asset management company with $415.8 billion under management as September 30, 2013. Our clients are major financial institutions including pension funds, banks and insurance companies, local and public authorities, governments, charities, high net worth individuals and retail investors.
With one of the largest networks of offices of any dedicated asset management company, we operate from 37 offices in 27 countries across Europe, the Americas, Asia and the Middle East. Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.
Further information about Schroders can be found at www.schroders.com/us.
SOURCE Schroder Investment Management North America Inc.