ING Investment Management just expanded its investment team to bring in a veteran strategist. On Wednesday the asset manager revealed the addition of Jonathan Golub in the newly created role of chief market strategist. He will function as part of the investment solutions group and will report to Paul Zemsky, head of asset allocation and multi-manager investments. Golub’s responsibilities include formulating asset allocation views and strategy.

Golub previously served as chief investment strategist at Bear Stearns, and he also worked as U.S. equity strategist and co-head of U.S. equity client portfolio management for JPMorgan Asset Management.

ING currently manages a family of five asset allocation funds.

Rob Leary, chairman and CEO of ING Investment Management, noted that the addition is timely given market conditions and client demands.

“[Golub’s] insights have benefited those looking to create and manage short- and long-term investment portfolios for their clients," Leary stated. "Given the undulating and unpredictable market environment we’re operating in, Jonathan [Golub] will make it easier for our institutional clients and financial advisors to understand the complexities of the global marketplace.”

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Company Press Release

NEW YORK, June 3 /PRNewswire/ -- ING Investment Management, Americas, today announced that it has hired Jonathan Golub in the newly created position of Chief Market Strategist. In this role, Mr. Golub will provide market and economic insights, as well as investment ideas to the company's institutional and financial advisor clients. He also will be part of the asset allocation team.

"Jonathan has developed a strong reputation for his work analyzing markets and for presenting valuable investment perspectives to institutional clients and financial advisors," said Rob Leary, Chairman and CEO, ING Investment Management, Americas. "His insights have benefited those looking to create and manage short- and long-term investment portfolios for their clients. Given the undulating and unpredictable market environment we're operating in, Jonathan will make it easier for our institutional clients and financial advisors to understand the complexities of the global marketplace."

Mr. Golub is a veteran investment strategist, who has written and spoken extensively about the markets and the economy. He was Chief Investment Strategist at Bear Stearns & Co., where he helped set asset allocation policy. From 2001 to 2007, Mr. Golub was with JP Morgan Asset Management where he served as U.S. Equity Strategist and co-head of U.S. equity client portfolio management.

"This is an exceptional time to join ING," said Mr. Golub. "I've known my colleagues on ING's investment teams for many years and have a great deal of respect for them professionally and personally. Additionally, ING's breadth of product and global platform make this a fantastic opportunity. I look forward to helping ING's clients navigate through today's turbulent markets."
Mr. Golub will be part of ING's Investment Solutions Group, reporting to Paul Zemksy, Head of Asset Allocation and Multi-Manager Investments, ING Investment Management, Americas. He will work with this group in developing the firm's asset allocation views and strategy. Mr. Golub, who is a CFA charter holder, began his financial industry career in 1986. He holds a BA in Economics from the Wharton School of Business at the University of Pennsylvania.

About ING
ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries. With a diverse workforce of about 125,000 people, ING is dedicated to setting the standard in helping our clients manage their financial future.

About ING Investment Management

ING Investment Management is the primary investment arm of ING Group and one of the largest global investment managers with over $500 billion in assets under management across more than 30 countries. ING Investment Management's broad array of investment strategies, combined with ING Group's distribution capabilities across retail and institutional channels, enables the organization to offer an integrated financial services solution for all of its clients around the world. In the Americas, ING-IM manages over $224 billion with offices in the U.S., Canada and Latin America.  

Edited by: Meredith Mazzilli


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