Each quarter, Northern Trust's Multi-Manager Solutions group surveys approximately 100 investment managers worldwide for their outlook on the financial markets, the economy and topical issues affecting investors.
Investment Manager Survey Highlights - First Quarter 2017
Investment managers are positive on U.S. economy and earnings but view U.S. equity valuations as rich.
About our Quarterly Investment Manager Survey
Northern Trust polls investment firms that participate in its multi-manager investment programs and funds to examine trends in attitudes and allocations. The select group of respondents includes fixed income and equity managers across value and growth styles, with a bias toward fundamental, bottom-up stock picking strategies.
Christopher E. Vella
Christopher E. Vella, CFA, is a Senior Vice President and Chief Investment Officer of Northern Trust Multi-Manager Solutions with responsibility for manager research and portfolio construction processes across the group. He is responsible for the global manager research platform at Northern Trust, consisting of approximately $75 billion in assets under management, across more than 200 investment strategies. He manages a team of more than 25 investment professionals across all traditional asset classes. The team covers all external manager relationships on behalf of Northern Trust's private and institutional clientele.
Prior to joining Northern Trust, Christopher was a founding member of Goldman Sach's external manager business, which consists of institutional and private client assets. While at Goldman Sachs, he managed the international and emerging markets equity team. Prior to Goldman Sachs, Christopher spent close to 6 years at SEI Investments working primarily on international equity and emerging markets equity manager research. He has 20 years of manager research experience.
He received a B.S. magna cum laude in finance with a minor in applied mathematics from Lehigh University and was elected into the Phi Beta Kappa honor society. He is a member of the New York Society of Financial Analysts. Christopher is a CFA® charterholder and holds the FINRA Series 7 and 63 registrations.
June 19, 2017: The Federal Reserve once again did the expected, and they got it exactly right: a prudent and totally predicted interest rate hike and well-telegraphed intentions about the Fed balance sheet. Bob Browne explains.