NTAM Appoints Anwiti Bahuguna Chief of Asset Allocation

The economist was a key player at Columbia Threadneedle.

Reported by Larry Light

Anwiti Bahuguna

Northern Trust Asset Management has hired economist Anwiti Bahuguna for a newly created position as CIO of global asset allocation. According to the investment management firm (assets: $1.1 trillion), she will oversee NTAM’s entire asset allocation effort.

She will be a member of the firm’s investment policy committee and report to Angelo Manioudakis, NTAM’s global CIO. A news release stated that “she will be a key contributor in the development of the firm’s asset allocation recommendations” and also helm its multi-asset and multi-manager teams. Bahuguna arrives at NTAM with 25 years of industry experience.

The firm depicted her appointment as strengthening its investment leadership. Bahuguna’s hiring follows the elevation earlier this year of two long-time NTAM hands: Michael Hunstad, who became deputy CIO and CIO of global equities, and Sheri Hawkins, now head of investment platform services, which manage or advise clients with $125 billion in investments.

“Increasingly, our clients are looking for holistic asset management solutions to their most complex investment challenges,” Manioudakis declared in the release. “With the addition of such an accomplished investment professional to our team, I am confident we can continue meeting the evolving needs of investors.”

Previously, Bahuguna was in charge of U.S. multi-asset strategy at Columbia Threadneedle Investments, where she was responsible for $45 billion in assets. She was the lead portfolio manager for that firm’s asset allocation funds and separately managed accounts. Plus, she helped set the company’s capital market assumptions, strategic asset allocation, tactical asset allocation, manager selection and derivative overlays.

Bahuguna has a Ph.D. in economics from Northeastern University and a bachelor’s degree from St. Stephen’s College at the University of Delhi.

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Tags
Angelo Manioudakis, Anwiti Bahuguna, Columbia Threadneedle Investments, Michael Hunstad, Northern Trust, Northern Trust Asset Management, NTAM, Sheri Hawkins,