In her new role, Steer will have responsibility for performance oversight, due diligence and analysis of investment performance across BNY Mellon Investment Management. She will also be the senior investment adviser to the executive management of BNY Mellon Investment Management. Steer will focus on measuring and analyzing the firm’s investment strategies and on its overall solutions effort. In addition, she will provide ongoing thought leadership on global investment strategy.
Steer is reporting to Curtis Arledge, chief executive officer of BNY Mellon Investment Management, and Mitchell Harris, president. She succeeds Phil Maisano, who retired earlier this year.
Steer joins BNY Mellon from Russell Investments, where she was managing director for investment strategy and consulting. She was responsible for working with clients on investment policy decisions, development of liquidity strategies and asset allocation, including to emerging and frontier markets. Prior to joining Russell, she was chief research strategist at Rogerscasey and oversaw global investment management and capital markets research, emerging and frontier markets research and fixed income research. Her experience also includes managing the assets of major public and corporate pension plans, including those of several Fortune 500 companies, investments for high-net-worth individuals and families and public and private endowment funds.
Steer received her bachelor’s degree from Smith College and her MBA in finance from The Wharton School at the University of Pennsylvania. Among other honors, she was named the 2010 distinguished investment professional of the year by Women Investment Professionals. She has also written and lectured widely on strategic investment matters.