Industry News
The firm will rebrand to Allspring Global Investments and be led by a new ceo.
The new hire will join the firm in October.
The new hire will replace Steve Bolze, who will retire from the position in the fourth quarter.
He will oversee strategy, marketing and communications and global client management.
The current CIO is assuming a new role as global head of client relations.
The new office will help access the South Florida market, the firm said.
Over a third of alternatives investors plan to increase their exposure.
A new report from asset management data and research provider Cerulli Associates indicates an anticipated high demand for ESG strategies, especially among public defined benefit plans.
He will oversee operations, technology, data governance and architecture, change management and strategic vendor oversight.