People Moves
Former Fed Advisor Moves To Northern Trust Asset Management
The appointee has been an advisor to Jerome Powell, chairman of the US Fed, as well as having worked in investment management roles.
Northern
Trust Asset Management, which oversees $1 trillion of
asset as of end-June, has appointed former Federal Reserve
advisor Antulio Bomfim as head of global macro. This is a new
post in the US firm’s fixed income group, which looks after
$470 billion of assets.
With three decades of experience, Bomfim (pictured) has worked in
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 with Macroeconomic Advisers as a senior
managing director, co-head of monetary policy Insights. Prior to
that, he served as a portfolio manager and co-head of interest
rate strategy for OFI Institutional Asset Management, a division
of Oppenheimer Funds.
