Andrew Harmstone
Managing Director
Andrew Harmstone
Managing Director

Andrew Harmstone

Managing Director

Andrew Harmstone is a senior portfolio manager in the Global Multi-Asset team and heads the Global Balanced Risk Control (GBaR) strategy. He joined Morgan Stanley Investment Management in 2008 and has 38 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 1st place in the 2004 Institutional Investor Survey for European Derivatives Research. 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.
Macro Insight
Three Climate Tipping Points Shaping Markets Today
Feb 19, 2019
Climate change is pushing us to reach political, social and economic “tipping points.” The MSIM GBaR team examines the implications for investors.
2019 Outlook
Dysfunction Junction?
Dec 12, 2018
Counterproductive government policies across markets have weakened the global economy. Many started with sound intentions, some outlived their usefulness and all were exacerbated by the trade war.
Macro Insight
The U.S. Versus the Rest of the World: Divergence and Correction
Oct 04, 2018
Since late spring, there has been a sharp divergence in performance between the U.S. and the rest of the world, with investors flocking into the U.S. market.

May not represent all Team Members.

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