PanAgora Asset Management has appointed portfolio manager Bryan Belton as president and CEO. He replaces Eric Sorensen, who has held the position since 2000.
Most recently, Belton has been a managing director within PanAgora’s multi-asset group. Before joining the firm, he was investment portfolio officer at the Federal Loan Bank of Boston and a senior manager at Investors Bank & Trust Company.
On the new leadership, Sorensen commented: “[I] am confident this plan will enable the firm to continue to deliver attractive, risk-adjusted returns for our clients for decades to come. Belton’s solutions-oriented approach is a hallmark of the firm’s culture and business model. Under this leadership team, PanAgora and its clients are well-positioned for continued growth.”
As part of the leadership team reshuffle, George Mussalli has been named global chief investment officer – a newly created role for the firm.
Mussalli has close to three decades of industry experience, 20 years of which has been spent with PanAgora. He has been chief investment officer for equity strategy since 2011. Before joining PanAgora, he was a portfolio manager at Putnam Investments and a senior investment analyst at John Hancock.
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