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Friday, February 12, 2016 Callahan Brings an Allianz Distro Vet to Oak Ridge A former top distribution executive at Allianz Global Investors [profile] just joined Oak Ridge Investments.
MFWire could not immediately reach John Carroll, head of U.S. retail at Allianz, for comment on how Campo's duties are being handled. Phil Callahan, head of distribution and marketing at Oak Ridge, confirms that he and Campo will divide up the country when it comes to Oak Ridge's relationships with broker-dealers, insurance companies, retirement plan providers, and RIAs. Callahan, in addition to his other duties, will handle the central and western parts of the U.S., while Campo will handle the east. "We want to branch out into private banks, too," Callahan tells MFWire. "He'll be a great leader for us." Watch for Callahan and his team to push into subadvisory distribution, too. It's all part of a firm-wide, long-term strategy of diversification, Callahan says: diversifying their product lineup, their assets, their revenues, and their distribution channels.
Last year global AGI CEO Elizabeth Corley revealed that, at the end of 2015, AGI U.S. CEO Gaffney would retire, to be succeeded by Asia Pacific AGI CEO and ex-PM Doug Eu. Printed from: MFWire.com/story.asp?s=53424 Copyright 2016, InvestmentWires, Inc. All Rights Reserved |