Former Schroder executive Harrington to lead business-development efforts. Asset management and option-strategy shop Rampart Investment Management has appointed John Harrington as the new head of its investment department.

A member of Rampart's executive committee, Harrington will oversee the firm's portfolio managers and traders and lead new business initiatives in high-net-worth and institutional markets.

Emphasis on institutional

"Adding John to the Rampart team is integral to our growth in providing systematic, disciplined options-based investment solutions to the institutional marketplace," says Ronald Egalka, president and CEO of Boston-based Rampart. "His comprehensive background in the portfolio and product management areas, which helped drive the strategic direction for leading financial services companies, will be invaluable as we expand our foothold in option strategies in the U.S. and abroad."

Harrington had been in charge of U.S-equity business at New York-based Schroder Investment Management. He has also worked at Wellington Management, Munder Capital Management, and RogersCasey.

Rampart Investment Management manages about $10 billion, mainly for high-net-worth individuals. -FWR

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