Northern Trust Taps Jacobs To Guide Product Strategy

Northern Trust has hired Peter Jacobs as senior investment product manager for mutual funds and managed accounts, including the Northern Funds and Northern Institutional Funds, which have combined assets of $48 million.

Jacobs, who has worked in investment product management since 1987 and holds a B.A. from Stanford University, will develop and implement investment product strategy, as well as communicate product strategy to financial advisers and high net worth clients. He will report to Eric Schweitzer, senior vice president and director of marketing for Northern Trust Global Investments, the asset management unit of Northern Trust.

"Prior to joining Northern Trust, Jacobs occupied a number of positions at Deutsche Asset Management and its predecessor, Scudder Kemper Investments.

Strelow, Rawlins Will Head New Eaton Vance Division

Investment management veterans Dan R. Strelow and Jeffrey A. Rawlins have joined Eaton Vance Management as vice presidents and co-heads of the firm's newly created liability-based solutions group. Thomas E. Faust Jr., executive vice president and CIO of Eaton Vance Corp., announced the appointments.

The new group will provide customized investment management solutions for institutions seeking to value, hedge and fund future liabilities. Strelow and Rawlins will report to Faust.

Prior to joining Eaton Vance, Strelow spent 17 years at State Street Research & Management, where he was a fixed income portfolio manager and head of the strong and long duration products group. Rawlins joins Eaton Vance after 16 years at State Street Research & Management, where he served as a fixed-income analyst and portfolio manager with an emphasis on liability-based investment strategies. Prior to that assignment, Rawlins was affiliated with Shearson Lehman Hutton.

TIAA-CREF Adds O'Brien To Key Investment Group

Financial services and retirement security provider TIAA-CREF has appointed Amy Muska O'Brien director of social investing.

"Amy is a nationally recognized leader in the socially responsible investing community," said Scott C. Evans, CIO, TIAA-CREF. "She is the ideal person to join our team and will be instrumental in helping to ensure that our social investing advances the goals of our 3.2 million participants.

O'Brien will work on a wide range of social and community investing initiatives across TIAA-CREF, such as overseeing the social screening of funds like the CREF Social Choice Account; acting as liaison to participants and other stakeholders in connection with the company's social- and community-focused investments; and providing leadership to the company on socially responsible and community investing issues. Before joining TIAA-CREF, O'Brien was director of corporate social responsibility for the pension board of the United Church of Christ, where she developed and implemented socially responsible investment strategies for the $2.5 billion pension fund and its $600 million foundation. She holds degrees from Rensselaer Polytechnic Institute and Boston College.

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