Did You Go to the Best School for Asset Management?

The University of Chicago and Harvard are among the top colleges providing talent to the asset management industry, according to eVestment.

Graduates from the University of Pennsylvania make the best asset managers, according to a new report from eVestment.

The investment research firm broke down employment trends in asset management, including which universities have the most alumni working as key professionals at fund managers.

The study revealed Ivy League graduates dominate the asset management field, with the University of Pennsylvania topping the list of schools for producing talent.

Rounding out the top five were Harvard University, Columbia University, the University of Chicago, and New York University.

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The University of California, Los Angeles was the best public school for asset management, ranking 11th on the overall list.

The report looked at both undergraduate and graduate alumni. Although the University of Pennsylvania produced the most asset managers overall, the University of Chicago’s Booth School of Business ranked highest for MBA graduates working in asset management.

Of the asset management professionals included in the study, 39.6% held only a bachelor’s degree, while 38.9% had earned MBAs.

The report also found that the average asset management professional had 19.3 years of relevant work experience. Nearly 14%, meanwhile, had not worked in the industry long enough to experience a Fed rate hike. best schools Source: eVestment

Home > News > Newsmakers > Aviva Appoints Replacement as McKinlay Exits CIO Role

Newsmakers September 25, 2015

Aviva Appoints Replacement as McKinlay Exits CIO Role

A Forty Under Forty alum has stepped up to fill the top role at the UK insurer’s staff pension, while AXA IM has tapped a rival asset manager for a key sales position.

Aviva has promoted Steven Catchpole to pension investment director in its UK staff pension following the exit of Ian McKinlay.

Catchpole was previously head of investments at the £14.7 billion ($22.6 billion) pension, reporting to McKinlay. He joined from consulting firm Cardano in 2013. Prior to Cardano, Catchpole spent eight years as an investment consultant at PricewaterhouseCoopers.

Catchpole is also a member of CIO’s Forty Under Forty, joining the list this year. He takes over a pension fund running a healthy £2.7 billion surplus, according to Aviva’s 2014 annual report.

McKinlay left the insurance giant to take charge of the Lloyds and HBOS pension funds. His exit from Aviva was revealed in July. A Power 100 alum, he is a former CIO of the Pension Protection Fund, the UK’s lifeboat fund for defined benefit pensions.

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Elsewhere, AXA Investment Managers has hired Rob Barrett to lead its institutional sales in the UK. Barrett joins from Invesco, where he was also head of institutional sales. He has held similar roles at Swisscanto and HSBC Global Asset Management, and was head of European marketing at AXA’s quantitative investment arm Rosenberg for four years until 2008.

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