Lord Abbett announced Monday that Robert Morris, its chief investment officer for the past two years and a 16-year veteran of the firm, will retire by the end of this month. Morris joined the firm in 1991 as director of equity research and was then promoted to director of equity investments.

Morris is largely credited with boosting the firm’s assets; they stood at $5.1 billion in 1991 and are more than $112 billion today.

Replacing Morris will be Managing Partner Robert Dow.

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