Press release from PR Newswire
INTECH Names Phillip Leonardi, CFA, Head Of Consultant Relations
Thursday, July 18, 2013
INTECH Names Phillip Leonardi, CFA, Head Of Consultant Relations08:30 EDT Thursday, July 18, 2013
WEST PALM BEACH, Fla., July 18, 2013 /PRNewswire/ -- INTECH Investment Management LLC (INTECH) today announced that it has hired Phillip Leonardi, CFA, senior managing director. As head of the firm's consultant relations team, Leonardi will work with INTECH's consultant relations professionals to establish and further retain relationships with investment consultants with the goal of increasing their understanding and endorsement of INTECH's products and services. He will work from the firm's global headquarters in West Palm Beach, Florida, reporting to John Brown, senior vice president, head of global client development.
"The demand from institutional investors for risk-managed investment strategies that generate alpha continues to grow and consultants are playing a more significant role in the investment decisions process. Phil's long history of working with consultants, and his network of relationships will help to ensure that our products are reaching the appropriate investor base and that we continue to provide the highest level of service to consultants," said Brown.
Added Leonardi, "I look forward to working with a firm that offers investment products with a specific focus on risk management. If markets remain volatile, pursuing alpha within a risk-managed framework will become even more important to consultants and their clients. That is the real value I believe INTECH brings to institutional investors."
Prior to joining INTECH, Leonardi was head of institutional sales, consultant relations and client service at Hartford Investment Management. Before that, he was a partner at Standish, Ayer & Wood/Standish Mellon Asset Management where his responsibilities included consultant relations with a focus on quantitative equity. He also spent 10 years at the investment management arm of The Travelers Corporation where his roles included direct sales and consultant relations, with a focus on quantitative equity and FX products. Leonardi received a B.A. in Economics from Providence College, is a CFA charter holder, and holds FINRA Series 3, 7, 24 and 63 registrations.
About INTECH For more than 25 years, global investment manager INTECH has been offering institutional investors highly disciplined, mathematical equity strategies that seek long-term returns in excess of the target benchmark, while attempting to reduce the risk of significant underperformance relative to that benchmark. Since 1987, INTECH has been generating alpha by taking advantage of stock-price volatility while limiting relative risk and trading costs. The company's global headquarters is located in West Palm Beach, Florida, with its research office in Princeton, New Jersey, and an international division in London. As of March 31, 2013, INTECH had approximately $41.7 billion under management and 80 employees worldwide. INTECH is an independently managed subsidiary of Janus Capital Group Inc. (NYSE: JNS), based in Denver.
About Janus Capital Group Inc.Janus Capital Group (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC ("Janus"), INTECH Investment Management LLC ("INTECH") and Perkins Investment Management LLC ("Perkins"). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and mathematical equities, fixed income and alternatives through one common distribution platform. At the end of March 2013, JCG managed $163.8 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, Colorado, JCG also has offices in Frankfurt, The Hague, Paris, London, Milan, Munich, Zurich, Singapore, Hong Kong, Tokyo, Melbourne, Dubai and Taipei.
Past performance does not guarantee future results. Investing involves risk including the possible loss of principal and fluctuation in value.
Contact: Kate McGann, Prosek Partners: 212.279.3115, ext. 249
SOURCE INTECH Investment Management LLC