Angelo Manioudakis was named executive vice president and chief investment officer of Northern Trust Asset Management, effective Sept. 27.
Mr. Manioudakis will be based in Northern Trust’s Chicago headquarters and report to Shundrawn A. Thomas, president of the asset management business, said spokesman Thomas Pinto in email.
Mr. Manioudakis replaces Robert P. Browne, executive vice president and CIO, who left the firm on June 2, Mr. Pinto said.
Most recently, Mr. Manioudakis was managing partner at Boston-based Lantern Harbor Investment Partners, a firm he co-founded.
Previously, he was CIO of Fidelity Investments’ global asset allocation unit.
Thomas Swaney, co-founder and managing principal of Lantern Harbor, said in an email that the firm will continue as a wholly owned subsidiary of Ellington Management, despite Mr. Manioudakis’ departure.
“Angelo has a proven track record of leadership in the investment management industry spanning three decades. His experience is ideally aligned with our investment philosophy centered on compensating investors for the risk they take in all market environments,” Mr. Thomas said in a news release.
As of June 30, Northern Trust managed a total of $1.2 trillion.