Andrew Harmstone
Managing Director
Andrew Harmstone
Managing Director

Andrew Harmstone

Managing Director

 
 
Background
Andrew Harmstone is a senior portfolio manager in the Global Multi-Asset team and heads the London-based Global Balanced Risk Control (GBaR) strategy. He joined Morgan Stanley Investment Management in 2008 and has 37 years of industry experience. Andrew developed his asset allocation experience in the early stages of his career, during his years working at JP Morgan Investment Management (1986–1997). During this period, he also honed his skills using derivatives in an asset allocation context and was appointed a consultant to the Presidential Task Force on Market Mechanisms investigating the 1987 Market Break. Andrew subsequently spent time with Bear Stearns and Lehman Brothers, heading European Quantitative and Derivatives research, being voted into 1st place in the 2001 Institutional Investor Survey. Andrew received an M.A. in Business Economics from the University of Pennsylvania, and a B.A. (Honors) in Economics from the University of Wisconsin.
 
 
Insights
Market Outlook
2018: Expect the Unexpected
Dec 31, 2017
Three possible surprises for investors are on our radar for 2018: a monetary policy surprise; an inflation surprise; and a volatility surprise.
Macro Insight
2018: What Could Surprise Investors?
Dec 05, 2017
Andrew Harmstone of the Global Balanced Risk Control Team presents his views on what could surprise us in 2018 and how he believes investors should prepare.
Market Outlook
The Third Arrow: Governance
Nov 30, 2017
Behind the scenes, Japan’s corporate governance reform has been hitting the mark, leading to higher Return on Equity. Europe’s governance scores have also improved, while the U.S. shows some notable exceptions.
 

Team members may change from time to time.

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