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.
The information on this website is only intended for use by professional clients, regulated financial advisers and intermediaries who are knowledgeable and experienced in the financial services market and in investment products of this nature. If you are a retail or individual investor then please leave this website immediately and consult your financial adviser.
You should not use this website unless you understand its nature and the extent of your exposure to risk. You should also be satisfied that the website and investments are suitable for your client in light of their circumstances and financial position.
The information contained on this website is for information purposes only and you should not take it as constituting an offer, solicitation, inducement, commitment or invitation to subscribe for or to purchase, sell or hold any interest in any of the investments mentioned herein.
This website is not intended for distribution or use by anyone in any jurisdiction in which such distribution or use would be prohibited. Nothing on this website or in the materials referred to therein constitutes, or is intended to constitute, financial, tax, legal or other advice.
The value of investments, and the income from them, can go down as well as up and you may get back less than the amount invested. Any past performance figures are not necessarily a guide to future performance.
The website may contain forward-looking statements, which are based on a number of assumptions regarding present and future business strategies, which may or may not prove to be correct. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance.
Issued by Russell Investments Limited. Company No. 02086230 and Russell Investments Implementation Services Limited Company No. 3049880. Registered in England and Wales with registered office at: Rex House, 10 Regent Street, London SW1Y 4PE. Telephone +44 (0)20 7024 6000. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London E20 1JN.
All reasonable care has been taken by us to ensure that the information contained on this website is accurate at the time of publication. However, we accept no responsibility for the accuracy, adequacy or completeness of the information and materials contained on this website and expressly disclaim liability for errors or omissions in such information and materials. We and our respective affiliates do not have any obligation to update the information contained in this website and reserve the right to change these terms and conditions at any time, without notice.
We will not regard you or any person who accesses this website as our client in relation to any of the investment products or services detailed therein, unless expressly agreed.