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View More Press Releases by Russell Investments

Press Release

Russell Investments appoints Chief Investment Officer

Issued by Russell Investments

Jan. 30, 2019

SEATTLE, January 30, 2019 -- Global asset manager Russell Investments has announced Peter Gunning will remain as Global Chief Investment Officer, a role he assumed on an interim-basis with the departure of Jeff Hussey in October 2018. Gunning has extensive investment leadership experience, including 23 years at Russell Investments, where he has earned a reputation for investment innovation.

Gunning, who joined Russell Investments' Sydney office in 1996, served as Global Chief Investment Officer in the firm's U.S. headquarters from 2008 to 2013 and as CEO for Asia-Pacific since 2013. He is now based in Seattle, where he oversees all aspects of the 82-year-old firm's investment division worldwide, including asset management, implementation and research. He also continues to oversee the firm's Asia-Pacific business. He is a member of Russell Investments' executive committee and global leadership forum and reports directly to Chairman and CEO Michelle Seitz.

"Pete has been a trusted partner to our clients over many years and has a thorough understanding of the investment solutions that institutions and advisors need to create financial security for individual investors," said Seitz. "Our clients' needs have become more complex and challenging and they are increasingly looking to partner with us on investment solutions and services that extend well beyond traditional asset management. With his deep experience in both investment management and client-facing roles, Pete is the perfect person to lead our investment division during this period of industry evolution and change."

Gunning is working closely with other senior leaders and Russell Investments' deep and talented investment leadership team to enhance the firm's investment capabilities, scale its global product offerings and implement leading technology systems to drive better results for clients.

"Russell Investments is defined by the depth and breadth of our solutions and services, the integrity of our investment beliefs and our deep respect for our clients," said Gunning. "There has been a major shift around the world away from investment strategies that merely seek to beat a peer group or market index to premier outcome-oriented investment solutions, and I am excited to have this opportunity to help our investment division meet this growing global demand."

In addition to his role as Global Chief Investment Officer, Gunning continues to be responsible for strategic oversight of Russell Investments' business in the Asia-Pacific region. Russell Investments' highly experienced local teams in the region include skilled leaders who lead the charge to deliver asset consulting advice, capital markets research, implementation services, corporate master trusts, funds management, and alternative investments.

Before joining Russell Investments, Gunning held positions in risk and equity portfolio management, as a financial markets economist and as a fixed-income options trader. He holds a Master of Economics degree cum laude from the University of Sydney.

View More Press Releases by Russell Investments

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