Peter Gunning moves into permanent role as the firm strengthens its technology-enabled, investment solutions world-wide
LONDON, January 30, 2019 — Global asset manager Russell Investments has announced Peter Gunning will remain as Global Chief Investment Officer, a role he assumed on an interim-basis with the departure of Jeff Hussey in October 2018. Gunning has extensive investment leadership experience, including 23 years at Russell Investments, where he has earned a reputation for investment innovation.
Gunning, who joined Russell Investments’ Sydney office in 1996, served as Global Chief Investment Officer in the firm’s U.S. headquarters from 2008 to 2013 and as CEO for Asia-Pacific since 2013. He is now based in Seattle, where he oversees all aspects of the 82-year-old firm’s investment division worldwide, including asset management, implementation and research. He also continues to oversee the firm’s Asia-Pacific business. He is a member of Russell Investments’ executive committee and global leadership forum and reports directly to Chairman and CEO Michelle Seitz.
“Pete has been a trusted partner to our clients over many years and has a thorough understanding of the investment solutions that institutions and advisors need to create financial security for individual investors,” said Seitz. “Our clients’ needs have become more complex and challenging and they are increasingly looking to partner with us on investment solutions and services that extend well beyond traditional asset management. With his deep experience in both investment management and client-facing roles, Pete is the perfect person to lead our investment division during this period of industry evolution and change.”
Gunning is working closely with other senior leaders and Russell Investments’ deep and talented investment leadership team to enhance the firm’s investment capabilities, scale its global product offerings and implement leading technology systems to drive better results for clients.
“Russell Investments is defined by the depth and breadth of our solutions and services, the integrity of our investment beliefs and our deep respect for our clients,” said Gunning. “There has been a major shift around the world away from investment strategies that merely seek to beat a peer group or market index to premier outcome-oriented investment solutions, and I am excited to have this opportunity to help our investment division meet this growing global demand.”
In addition to his role as Global Chief Investment Officer, Gunning continues to be responsible for strategic oversight of Russell Investments’ business in the Asia-Pacific region. Russell Investments’ highly experienced local teams in the region include skilled leaders who lead the charge to deliver asset consulting advice, capital markets research, implementation services, corporate master trusts, funds management, and alternative investments.
Before joining Russell Investments, Gunning held positions in risk and equity portfolio management, as a financial markets economist and as a fixed-income options trader. He holds a Master of Economics degree cum laude from the University of Sydney.
About Russell Investments
With more than 80 years of experience, Russell Investments is a global investment solutions provider, dedicated to helping investors reach their long-term goals. Russell Investments offers investment solutions in 31 countries, manages US$287 billion in assets (as of September 30, 2018) and provides consulting services on $2.4 trillion in assets (as of June 30, 2018). Russell Investments specializes in multi-asset solutions and investment and implementation services with a goal of delivering the best investment strategies, managers and asset classes to its clients around the world.
Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment services in the world’s major financial centers such as New York, London, Tokyo and Shanghai.
Any opinion expressed is that of Russell Investments, is not a statement of fact, is subject to change and does not constitute investment advice. The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested.
The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested.