Deals & People January 3, 2013

ING Hires Head of Institutional Distribution

Greg Tencza was named managing director and head of institutional distribution at ING U.S. Investment Management.
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Tencza will set and execute the strategic direction and all aspects of ING IM’s institutional business. He will also become a member of ING IM’s Management Committee, which is responsible for setting strategic direction for the investment business. Tencza reports to Shaun Mathews, head of the client group.   

Tencza joins ING from AllianceBernstein, where he worked for the past 14 years, most recently as global co-head of the institutional and intermediary distribution responsible for growing assets under management globally.  He held a number of other senior positions within the firm’s institutional distribution network including global head of sales and client service, head of global marketing and head of global product management. Earlier in his career, he worked in real estate development with a number of institutions, including Pennsylvania Real Estate Investment Trust (PREIT).    

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Tencza received a bachelor’s degree in economics from Colgate University.

Diversions January 3, 2013

A Lucky Seven Cities Have Top Jobs Outlook

Job seekers will have the best luck in seven cities in Arizona, California, Florida, Texas and Utah, a survey predicts.
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According to the Manpower Employment Outlook Survey for the first quarter of 2013, the best metro areas for jobs are Phoenix and Tucson, Arizona; San Francisco; Cape Coral-Fort Meyers, Florida; Austin and El Paso, Texas; and Salt Lake City. Figures on EmploymentCrossing.com also show that these cities have a high number of job openings.

The survey indicates that Arizona, Delaware, Nebraska, North Dakota, Texas, Utah and Wyoming are the best states for jobs in 2013. Job listings on EmploymentCrossing.com also show the highest growth in job openings in these states.

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For example, at the end of December, San Francisco held 88,806 job openings; in the last 30 days 70,267 jobs were added. Both Austin and El Paso, in Texas, showed 31,548 and 3,803 job openings currently listed at EmploymentCrossing with new openings posted within the last one month in Austin, and 3,188 jobs in El Paso.

According to Harrison Barnes, chief executive of EmploymentCrossing, 2013 will show a slight improvement. “While the jobs might be returning slowly, there is great disparity in economic recovery, and some states are clearly outstripping others, and positioning themselves as the best targets for skilled labor,” Barnes said.

The worst cities for job-hunting, in order of difficulty, are:

  • St. Louis, Missouri;
  • Portland, Maine;  
  • Wichita, Kansas;
  • Spokane, Washington;  
  • Youngstown, Ohio;
  • New York; and
  • Jacksonville, Florida.

Manpower’s infographic, Where the Jobs Are, has more job-hunting stats.  

EmploymentCrossing is part of the Employment Research Institute, a job database provider.

 

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