OppenheimerFunds has named Mark Hamilton chief investment officer, Asset Allocation, effective April 8. Hamilton will lead the design and implementation multi-asset products and solutions. This is a newly created leadership role reporting directly to Art Steinmetz, chief investment officer.

Hamilton joins the firm from AllianceBernstein where he most recently served as Investment Director on the Dynamic Asset Allocation portfolio management team. His responsibilities included managing investments in the global equity, bond, credit, currency and real asset sectors, and directing the design, development and implementation of dynamic asset allocation strategies for institutional, sub-advisory, retail and private client channels.

"Increasingly, advisors and their clients are looking for more packaged products that address client needs rather than just the component parts," stated Steinmetz. "A 19-year industry veteran, Mark will focus on providing our retail and institutional clients with the solutions they need to help achieve their diverse investment goals."

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