Northern Trust Asset Management appoints Head of Global Macro for Fixed Income
CHICAGO & LONDON–(BUSINESS WIRE)–Northern Trust Asset Management (NTAM), a leading global investment management firm with $1 trillion in assets under management as of June 30, 2022, today announced that Antulio Bomfim has been hired to head of Global Macro, a newly created position within its global fixed income group.
The expansion of NTAM’s global fixed income team, responsible for $470 billion in fixed income assets under management, is designed to enhance capabilities as the team responds to the changing needs of fixed income investors around the world.
Bomfim joins NTAM with nearly 30 years of experience in roles within investment management and the Federal Reserve Board System. Most recently, he served as Special Advisor to the Fed Board as well as Special Advisor to Chairman Jerome Powell.
Previously, Bomfim was at Macroeconomic Advisers as Senior Managing Director, co-head of Monetary Policy Insights. Previously, he was a portfolio manager and co-head of interest rate strategy for OFI Institutional Asset Management, a division of Oppenheimer Funds.
A long-time advisor, consultant and award-winning author, Bomfim brings in-depth practical and theoretical knowledge of economics and financial markets. His areas of research include asset pricing, monetary policy, macroeconomics, investments and financial markets. He holds a PhD, MS, and BA in Economics from the University of Maryland, and an MS in Mathematical Finance from the University of Oxford.
In his newly created role within NTAM’s Global Fixed Income Group, Bomfim has overall responsibility for overseeing the Global Macro Group, which is responsible for interest rate strategy, systematic volatility, liquidity and global systemic risk monitoring. Bomfim is also responsible for the company’s global cash management activities. He reports to Global Fixed Income Chief Investment Officer Thomas Swaney.
“As part of the Global Fixed Income team, our fundamental principle that investors should be compensated for the risk they take is manifested in our management of four key risks – interest rate, volatility, prepayment and credit” , Swaney said. “Antulio’s expertise is well suited to leading our multidisciplinary Global Macro Fixed Income team.”
About Northern Trust Asset Management
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently achieve their long-term goals. Supporting US$1 trillion in investor assets as of June 30, 2022, we understand investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take. – in all market environments and all investment strategies. That’s why we combine sound capital markets research, expert portfolio construction and comprehensive risk management to design innovative and effective solutions that deliver targeted investment results. As committed contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect and transparency.
Northern Trust Asset Management is comprised of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, KK, NT Global Advisors, Inc., 50 South Capital Advisors, LLC , Belvedere Advisors LLC, Northern Trust Asset Management Australia Pty Ltd and the investment staff of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to businesses, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 23 US states and Washington, DC, and 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2022, Northern Trust had assets under custody/administration of US$13.7 trillion and assets under management of US$1.3 trillion. For over 130 years, Northern Trust has distinguished itself as an industry leader for its exceptional service, financial expertise, integrity and innovation. Visit us at northtrust.com. follow us on Twitter @NorthernTrust or Northern Trust Corporation on LinkedIn.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 USA, incorporated with limited liability in the USA Global legal and regulatory information can be found at https://www.northerntrust.com/terms -and-conditions.