Northern Trust Asset Management Strengthens Credit Research and High Yield Investment Expertise
Northern Trust Asset Management (NTAM), with $1.3 trillion in assets under management, announced key appointments to strengthen its credit investing and fundamental research capabilities. Kevin Gaydos joins as Head of Credit Research, leading a team focused on investment grade and high yield issuers.
Additional appointments include Sau Mui as Senior High Yield Portfolio Manager, Jeff Jones as Senior High Yield Trader, Melinda Lans-Kautz as Senior Credit Research Analyst, and Adán Jiménez as Credit Research Analyst. These professionals bring extensive experience from institutions like Aviva Investors, PPM America, and Goldman Sachs.
NTAM manages $486.5 billion in fixed income and liquidity strategies as of September 30, 2024. The company's outlook for 2025 favors high yield bonds due to elevated yields, strong fundamentals, and supportive market conditions.
Northern Trust Asset Management (NTAM), con 1,3 trilioni di dollari in attivi in gestione, ha annunciato importanti nomine per rafforzare le sue capacità di investimento in crediti e ricerca fondamentale. Kevin Gaydos entra come Responsabile della Ricerca sui Crediti, guidando un team focalizzato su emittenti a rating investment grade e high yield.
Le ulteriori nomine includono Sau Mui come Portfolio Manager Senior per l'High Yield, Jeff Jones come Trader Senior per l'High Yield, Melinda Lans-Kautz come Analista Senior di Ricerca sui Crediti, e Adán Jiménez come Analista di Ricerca sui Crediti. Questi professionisti portano un'esperienza considerevole da istituzioni come Aviva Investors, PPM America e Goldman Sachs.
NTAM gestisce 486,5 miliardi di dollari in strategie di reddito fisso e liquidità al 30 settembre 2024. Le prospettive della compagnia per il 2025 favoriscono le obbligazioni high yield grazie a rendimenti elevati, solidi fondamentali e condizioni di mercato favorevoli.
Northern Trust Asset Management (NTAM), con 1.3 billones de dólares en activos bajo gestión, anunció nombramientos clave para fortalecer sus capacidades de inversión en crédito e investigación fundamental. Kevin Gaydos se une como Jefe de Investigación de Crédito, liderando un equipo enfocado en emisores de grado de inversión y alto rendimiento.
Los nombramientos adicionales incluyen a Sau Mui como Gerente Senior de Portafolio de Alto Rendimiento, Jeff Jones como Comerciante Senior de Alto Rendimiento, Melinda Lans-Kautz como Analista Senior de Investigación de Crédito, y Adán Jiménez como Analista de Investigación de Crédito. Estos profesionales aportan una amplia experiencia de instituciones como Aviva Investors, PPM America y Goldman Sachs.
NTAM gestiona 486.5 mil millones de dólares en estrategias de renta fija y liquidez hasta el 30 de septiembre de 2024. Las perspectivas de la compañía para 2025 favorecen los bonos de alto rendimiento debido a los altos rendimientos, fuertes fundamentos y condiciones de mercado favorables.
노던 트러스트 자산 운용(NTAM)은 1.3조 달러의 관리 자산을 보유하고 있으며, 신용 투자 및 기초 연구 능력을 강화하기 위한 주요 인선을 발표했습니다. 케빈 게이도스는 신용 연구 책임자로 합류하여 투자 등급 및 하이 일드 발행자에 중점을 둔 팀을 이끌게 됩니다.
추가 인선으로는 사우 무이가 시니어 하이 일드 포트폴리오 매니저로, 제프 존스가 시니어 하이 일드 트레이더로, 멜린다 랜스-카우츠가 시니어 신용 연구 분석가로, 아단 히메네즈가 신용 연구 분석가로 합류했습니다. 이들 전문가는 아비바 인베스터스, PPM 아메리카, 그리고 골드만 삭스와 같은 기관에서 폭넓은 경험을 가지고 있습니다.
NTAM은 2024년 9월 30일 기준으로 4,865억 달러의 고정 수익 및 유동성 전략을 관리합니다. 회사는 2025년 전망에 있어서 높은 수익률, 강력한 기본 요인 및 우호적인 시장 조건으로 인해 하이 일드 채권을 선호하고 있습니다.
Northern Trust Asset Management (NTAM), avec 1,3 billion de dollars d'actifs sous gestion, a annoncé des nominations clés pour renforcer ses capacités d'investissement en crédit et de recherche fondamentale. Kevin Gaydos rejoint l'équipe en tant que Responsable de la Recherche sur le Crédit, dirigeant une équipe axée sur les émetteurs de qualité investment grade et de haut rendement.
Parmi les nominations supplémentaires, on trouve Sau Mui en tant que Gestionnaire Senior de Portefeuille Haut Rendement, Jeff Jones en tant que Négociant Senior Haut Rendement, Melinda Lans-Kautz en tant qu'Analyste Senior de la Recherche sur le Crédit, et Adán Jiménez en tant qu'Analyste de la Recherche sur le Crédit. Ces professionnels apportent une vaste expérience provenant d'institutions telles qu'Aviva Investors, PPM America et Goldman Sachs.
NTAM gère 486,5 milliards de dollars dans des stratégies de revenu fixe et de liquidité au 30 septembre 2024. Les perspectives de l'entreprise pour 2025 favorisent les obligations à haut rendement en raison de rendements élevés, de fondamentaux solides et de conditions de marché favorables.
Northern Trust Asset Management (NTAM), mit 1,3 Billionen Dollar an verwaltetem Vermögen, gab wichtige Ernennungen bekannt, um seine Fähigkeiten im Bereich der Kreditinvestitionen und der fundamentalen Forschung zu stärken. Kevin Gaydos tritt als Leiter der Kreditforschung bei, wo er ein Team leitet, das sich auf Investment-Grade- und Hochzins-Emittenten konzentriert.
Zu den weiteren Ernennungen gehören Sau Mui als Senior Portfolio-Manager für Hochzinsanlagen, Jeff Jones als Senior Hochzins-Händler, Melinda Lans-Kautz als Senior Kreditanalyst und Adán Jiménez als Kreditanalyst. Diese Fachleute bringen umfassende Erfahrungen von Institutionen wie Aviva Investors, PPM America und Goldman Sachs mit.
NTAM verwaltet zum 30. September 2024 486,5 Milliarden Dollar in festverzinslichen Anlagen und Liquiditätsstrategien. Der Ausblick des Unternehmens für 2025 begünstigt Hochzinsanleihen aufgrund von hohen Renditen, soliden Fundamentaldaten und unterstützenden Marktbedingungen.
- Strong market position with $1.3 trillion in total assets under management
- Significant fixed income portfolio of $486.5 billion
- Strategic expansion of high-yield and credit research capabilities through experienced hires
- None.
Insights
This strategic expansion of NTAM's credit research and high yield capabilities is well-timed given the current market dynamics. The addition of seasoned professionals from Aviva Investors, particularly Kevin Gaydos as Head of Credit Research, significantly enhances NTAM's fundamental research depth. The team's combined 100+ years of experience across various market cycles and their diverse backgrounds from top-tier institutions like Goldman Sachs and Barclays Capital strengthen NTAM's competitive position in the $486.5 billion fixed income segment.
The timing is particularly strategic as high yield bonds are positioned favorably for 2025 due to elevated yields and strong fundamentals. This team expansion enables NTAM to capitalize on these market conditions and potentially capture higher returns in the high yield space, which typically offers better yields than investment-grade bonds but requires deeper credit analysis expertise to manage risks effectively.
The consolidation of talent from Aviva Investors represents a significant capability enhancement for NTAM's $1.3 trillion AUM platform. This strategic talent acquisition particularly strengthens two critical areas: fundamental credit research and high yield trading execution. The addition of Sau Mui, with her systematic portfolio management experience and Jeff Jones, with over two decades of trading expertise, suggests NTAM is positioning for more sophisticated high yield strategies that could potentially drive higher fee revenue.
For investors, this talent infusion could translate to more robust risk-adjusted returns in NTAM's fixed income products. The team's extensive experience across multiple market cycles and institutions enhances NTAM's ability to navigate complex credit markets and identify opportunities in both investment grade and high yield segments.
This strategic hiring initiative signals NTAM's bullish outlook on high yield opportunities in 2025, backed by their substantial fixed income AUM of $486.5 billion. The talent acquisition effectively creates a specialized high yield investment unit, combining research, portfolio management and trading expertise. The move appears particularly timely as higher interest rates have created attractive entry points in the high yield market.
Think of this as assembling an all-star team - each member brings specific expertise that complements the others. The combination of fundamental research (Gaydos and team), portfolio management (Mui) and trading execution (Jones) creates a full-service high yield investment operation that could potentially capture alpha across different market conditions.
Kevin Gaydos has joined NTAM as Head of Credit Research. He leads a team of investment analysts focused on the entire capital structure, with a focus on investment grade issuers and high yield issuers. Most recently, Gaydos was Co-Head of Credit Research at Aviva Investors. Previously he held a number of analyst roles at Principal Global Investors. Gaydos holds a BBA and MBA from the University of Notre Dame.
Additionally, NTAM has grown the global fixed income team with a series of hires who contribute to credit investing, portfolio management, and research expertise:
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Sau Mui, CFA, Senior High Yield Portfolio Manager – Mui manages high yield and complex bond portfolio strategies across client segments. Most recently, she was a senior high yield portfolio manager at Aviva Investors. Mui has 13 years of fixed income investing experience, with prior roles at PPM America, Harris Associates and Putnam Investments. She holds an MBA from the University of
Chicago . -
Jeff Jones, Senior High Yield Trader – Jones joins the fixed income team and will be responsible for trading various active, passive, and systematic high yield strategies. Most recently, he was Head of Trading for
North America and Senior High Yield Trader at Aviva Investors. Jones has more than 20 years of trading and portfolio management experience, with prior roles at Barclays Capital and Goldman Sachs. -
Melinda Lans-Kautz, Senior Credit Research Analyst – Lans-Kautz analyzes and evaluates investment grade and high yield corporate issuers. Previously, she was a senior credit analyst at Aviva Investors. Lans-Kautz has more than 30 years of analyst experience, with prior roles at UBS Global Asset Management and PPM America. She holds an MBA from the University of
Chicago . - Adán Jiménez, Credit Research Analyst – Jiménez analyzes and evaluates investment grade and high yield corporate issuers. He joined NTAM from Aviva Investors where he was a credit research analyst.
“NTAM continues to invest in its global fixed income capabilities, talent, and technology. The contributions of these talented professionals strengthen our fundamental research expertise and high yield investing capabilities,” NTAM Chief Investment Officer for Global Fixed Income Christian Roth said. “As we head into 2025, NTAM’s market outlook favors high yield bonds because of their elevated yields, strong fundamentals and a supportive market backdrop. NTAM’s global fixed income team is well-positioned to continue delivering investment solutions that seek to meet our clients’ unique investment objectives.”
NTAM has
About Northern Trust Asset Management
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments in efforts to realize their long-term objectives. Entrusted with
Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in
Northern Trust Corporation, Head Office: 50 South La Salle Street,
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Camilla Greene
+44 (0) 207 982 2176
Camilla.Greene@ntrs.com
US & Canada Contact:
Joanne Zalatoris
+1 (312) 900-3462
Joanne.zalatoris@ntrs.com
Source: Northern Trust Corporation
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