London, United Kingdom - June 7, 2010, London, United Kingdom - Barclays Wealth, announces the appointments of Aaron Gurwitz as chief investment officer and head of research, economics and strategy, and Kevin Gardiner as head of global investment strategy.
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Mr. Gurwitz joined Barclays Wealth in 2008 as part of the acquisition of Lehman Brothers' Private Investment Management (PIM) business in the Americas. He joined PIM in 2004 as Managing Director of Portfolio Advisory. Prior to that, Mr. Gurwitz worked at Goldman Sachs for 16 years in Fixed Income Research, Municipal Bonds, and Private Wealth Management. Previously, he served as a senior economist at Salomon Brothers, the Federal Reserve Bank of New York, and the Rand Corporation.
Mr. Gurwitz holds a BA in Philosophy from the State University of New York at Binghamton, an MA in English language and literature from Adelphi University, an MA in Education from Stanford University, and a PhD in Economics from Stanford University.
In his new role, Mr. Gurwitz will oversee the organizations that deliver macro-economic forecasting, economic research, strategic asset allocation and regionally-customised investment strategies for our high net worth clients globally, as well as the groups that handle manager due diligence. He will report directly to Mitch Cox, Head of Global Research and Investments, and Head of Barclays Wealth Americas.
Mr. Gardiner joined Barclays Wealth in 2009 as Head of Investment Strategy for Europe, the Middle East and Africa. Previously, Mr. Gardiner was Global Head of Equity Strategy at HSBC in London for six years and has worked at a number of other investment banks in a financial market career spanning more than 20 years.
In 1994, while working as an economist at Morgan Stanley, he wrote the "Celtic Tiger" report on the Irish economy. Mr. Gardiner holds an International Baccalaureate from the United World College of the Atlantic, a BSc in Economics from the London School of Economics and an MPhil in Economics from Cambridge University.
Mr. Gardiner will manage the Global Investment Strategy Group, which is responsible for portfolio strategy as well as tactical asset allocations that take advantage of current market conditions. He will report to Mr. Gurwitz. ■