Harbor Capital Advisors Names Kristof Gleich as President
CHICAGO--(BUSINESS WIRE)--Oct 4, 2018--Harbor Capital Advisors, the investment adviser to the Harbor Funds family of no-load, actively managed mutual funds, today named Kristof Gleich as President. Mr. Gleich’s appointment becomes effective November 12, 2018. Mr. Gleich will report to Harbor Capital Advisors’ Chief Executive Officer Charles McCain, who had previously held the role of President. Mr. Gleich will be based in Harbor Capital Advisors’ Chicago headquarters.
Mr. Gleich joins Harbor Capital Advisors from J.P. Morgan Wealth Management, where he was most recently the Global Head of Manager Selection. In his previous role, Mr. Gleich was responsible for the team charged with selecting a broad array of investment solutions across discretionary, advisory and separately managed accounts for approximately $500 billion in private- and institutional-client assets. Prior to J.P. Morgan, Mr. Gleich served as an Executive Director of Global Manager Selection for Goldman Sachs in London.
“We are very excited to welcome Kristof Gleich as Harbor Capital Advisors’ new President. Since 1986 with the launch of our first Harbor fund, identifying talented, institutional-caliber investment managers and bringing those managers’ strategies to market in a cost-competitive manner runs to the core of our value proposition for clients,” said Charles McCain, CEO of Harbor Capital Advisors. “Kristof has demonstrated great passion and expertise over his nearly 20-year career and has established a strong track record for selecting compelling investment managers and strategies across a broad range of asset classes. We believe that Mr. Gleich’s leadership and experience will enhance our core competency around investment manager selection and drive strategic initiatives to enhance value for our clients in the future.”
As President, Mr. Gleich will be responsible for spearheading Harbor Capital Advisors’ efforts to creatively assess new strategies and products that can offer compelling value for investors, while addressing evolving market dynamics and client needs. Working collaboratively with the leadership team, Mr. Gleich will provide strategic direction to prioritize initiatives and allocate investment and distribution resources to support the most promising of these initiatives.
The identification and selection of talented investment managers will remain the responsibility of Harbor Capital Advisors’ Investment & Portfolio Management Team under Brian Collins, Chief Investment Officer. Given his deep experience and the stated mandate for role of President, Mr. Gleich will assume oversight responsibility for this core investment function and will identify and prioritize how these resources will be allocated to best serve clients. Mr. Gleich will also assume responsibility for the Executive Office function, as well as other areas in the future.
“Kristof has been an extraordinary leader and valued partner over the last several years,” said Monica Issar, Global Head of Multi-Asset and Portfolio Solutions at J.P. Morgan Wealth Management. “We wish him all the best in his new endeavors.”
About Harbor Capital Advisors
Harbor Capital Advisors, Inc. serves as the investment adviser to the Harbor Funds family of no-load, open-end mutual funds. Each Harbor fund is managed by an institutional investment firm selected by Harbor Capital Advisors, Inc. and approved by the Harbor Funds Board of Trustees based on the firm’s experience in a specific asset class. Harbor Funds had combined net assets of approximately $60 billion as of September 30, 2018. Fees and expenses apply to an investment in Harbor Funds and are described in each fund’s current prospectus.
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CONTACT: BackBay Communications
Paul Lim, 617-245-5311
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING FINANCE
SOURCE: Harbor Capital Advisors, Inc.
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PUB: 10/04/2018 12:26 PM/DISC: 10/04/2018 12:26 PM