Russell Creates Dedicated Role for LDI Development

Russell Investments has promoted senior consultant Martin Jaugietis to the newly created role of director, head of LDI solutions, Americas Institutional.

Based in New York, Jaugietis has 14 years of experience consulting to pension plans in the U.S. and globally. He is responsible for shaping Russell’s liability-driven investing (LDI) offering, including business direction and thought leadership, across its U.S. institutional client base. He will report to Michael Thomas, chief investment officer, Americas Institutional.

Additionally, Jaugietis is chair of Russell’s LDI steering committee, which is responsible for the LDI research agenda and client investment portfolio positioning. He will also work with Jeff Hussey, chief investment officer, fixed income, and portfolio managers in Russell’s Investment Division to develop and deliver liability-driven solutions.

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Direxion Hires Senior Sales Director

Direxion, a provider of alternative investment solutions, has named Harold W. Clemons as senior sales director for the Mid-South Region.

Clemons is responsible for selling Direxion’s buy-and-hold alternative investment strategy products to financial advisers across all channels, including wirehouse, regional broker/dealers, registered investment advisers (RIA) and others in his territory. Clemons, who will be based in Texas, will serve advisers in Texas, Oklahoma, Louisiana, New Mexico, Arkansas, Kansas and Missouri.

Clemons joins Direxion from Principal Funds, where he served as Regional Director in the Dallas-Fort Worth area. He has also worked at Capital Real Estate Securities, Dreyfus, Merrill Lynch Investment Managers, BlackRock and PimcoAllianz Investments.

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Clemons earned his BS and MBA degrees at the University of North Alabama. He holds certifications as a Certified Financial Planner (CFP), Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC) and Certified Fund Specialist (CFS).

 

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