Matthew Pallai was named executive vice president and head of multasset solutions at Harbor Capital Advisors.
The position is new. Mr. Pallai, who is based in Boston and reports to Kristof Gleich, president of Harbor Capital Advisors, leads the money manager's new multiasset team launched in late April, spokeswoman Meredith Wegerdt said in an email.
Also joining the new multiasset team is Spenser Lerner, managing director and portfolio manager.
Mr. Pallai was previously executive director and member of the global fixed income, currency and commodities group, and Mr. Lerner was a vice president, both at J.P. Morgan Asset Management. J.P. Morgan spokeswoman Kristen Chambers could not be immediately reached for more information.