Press release
Northern Trust Asset Management Names Client Portfolio Manager for Muni Team
John Ceffalio Brings 20+ Years of Experience to Client Facing Position CHICAGO--(BUSINESS WIRE)-- Northern Trust Asset Management (NTAM), a leading global
About this update from Northern Trust Corporation
[{"type":"text","content":"\nJohn Ceffalio Brings 20+ Years of Experience to Client Facing Position\n\n CHICAGO--(BUSINESS WIRE)--\nNorthern Trust Asset Management (NTAM), a leading global investment management firm with $1.0 trillion in assets under management as of December 31, 2022, announced today that, effective January 9, John Ceffalio has been hired as head of Municipal Client Portfolio Management, a newly created position within its global fixed income group.\n\nThe expansion of NTAM’s global fixed income team, responsible for $470 billion in fixed income assets under management, is designed to enhance capabilities as the team serves the evolving needs of fixed income investors worldwide.\n\nAs head of Municipal Client Portfolio Management, Ceffalio will work alongside the portfolio management and research teams, enabling him to bring meaningful insights to clients as he helps them navigate the evolving and increasingly challenging fixed income market.\n\nThe addition of Ceffalio to NTAM’s Fixed Income Group is part of the firm’s emphasis on delivering holistic global fixed income capabilities and exceptional client service experiences to investors. He is based in Chicago and reports to Jen Hoffenkamp, who was recently named head of Municipal Bonds.\n\n“As the needs of fixed income investors have dramatically changed over the last decade, NTAM has continually evolved to meet new challenges facing them,” said Thomas Swaney, Chief Investment Officer of Global Fixed Income at NTAM. “Adding the expertise that John possesses in the muni space, and offering it in a client-facing manner, is a continuation of our emphasis on holistic service.”\n\nCeffalio joins NTAM with more than 20 years of experience, ranging from buy side firms, including AllianceBernstein, to credit rating agencies, including Moody’s Investors Service. He is active in academia, serving as an Adjunct Associate Professor of Public Service at the Robert F. Wagner School of Public Service at NYU. He’s also active in the industry, serving as Vice-Chair of the National Federation of Municipal Analysts (NFMA) for 2023.\n\nAbout Northern Trust Asset Management\n\nNorthern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently realize their long-term objectives. Entrusted with US$1.0 trillion of investor assets...