Morgan Stanley Investment Management (MSIM) today announced the appointment of Michael Kushma as Chief Investment Officer of Global Fixed Income. In this role, Mr. Kushma will oversee all of MSIM's fixed income strategies.
Mr. Kushma is currently Co-Head of MSIM's Global and European fixed income team and has 23 years of investment experience. Since joining MSIM in 1995, Mr. Kushma has helped to oversee the Global and European fixed income team which comprises 20 investors based in London, New York and Tokyo and has approximately $25 billion in assets under management.
"A robust fixed income capability is key to MSIM's ability to serve clients across multiple asset classes," said Gregory J. Fleming, President of MSIM. "Michael has been instrumental in building MSIM's Global and European fixed income capabilities and his strong track record will be invaluable as we work to ensure our fixed income teams and strategies are world-class."
Mr. Fleming continued, "We continue to see strong momentum across our entire Long-Only business, including fixed income where we have garnered positive flows as a result of strong performance, particularly in our global fixed income and emerging markets debt strategies."
As of March 31, 2010, MSIM has approximately $56 billion of assets under management1 across a range of U.S., Global and European fixed income strategies spanning duration ranges, markets, and sectors.
Mr. Kushma's appointment follows several recent hires to strengthen the leadership team of MSIM, including:
- Sara Furber, Chief Operating Officer, Long-Only business
- Jim Janover, Global Head of MSIM Risk
- Lisa Jones, Global Head of MSIM Sales
- Navtej Nandra, Head of MSIM International
Morgan Stanley Investment Management, together with its investment advisory affiliates, has nearly 1,000 investment professionals around the world and approximately $262 billion in assets under management or supervision as of March 31, 20101. By leveraging its global ‘community of boutiques' structure and the strength of Morgan Stanley, MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 42 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.
1 Amount excludes the Retail Asset Management business, including Van Kampen, which was sold to Invesco, Ltd on June 1, 2010.
Note to editors:
Michael Kushma is Co-Head of MSIM's Global and European fixed income team. Mr. Kushma joined Morgan Stanley in 1987 and has 23 years of investment experience. Previously, Mr. Kushma was as a global fixed income strategist for the Firm's Fixed Income Division. Prior to joining Morgan Stanley, Mr. Kushma was a senior lecturer of economics at Columbia University. Mr. Kushma received an A.B. in economics from Princeton University, an M.Sc. in economics from the London School of Economics and an M.Phil in economics from Columbia University.
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