Money Management

QMA adds global chief marketing officer

Lee Shapcott was named global chief marketing officer at money manager Quantitative Management Associates.

It is a new position, spokeswoman Judi Flynn said. Mr. Shapcott will start July 9 and report to Adam Broder, QMA's head of global distribution.

Mr. Shapcott was previously senior vice president and global head of marketing at AllianceBernstein (AB). AB spokesman Jonathan Freedman could not be immediately reached to provide further information.

QMA, an affiliate of PGIM, had about $128 billion in assets under management as of March 31.