Credit Suisse Veteran Appointed Chief Economist of Prudential’s Asset Management Arm
Ray Farris, a veteran of Credit Suisse, has been appointed as the chief economist of Prudential’s asset management arm, Eastspring Investments. In this role, he will provide in-depth macroeconomic data, trends, and insights to guide investment and asset allocation decisions.
About the Appointment
Farris will be the group’s first chief economist, reporting to Eastspring’s chief investment officer, Vis Nayar. He will be based in Singapore and will work closely with the investment teams and clients to provide valuable insights.
About Ray Farris
Farris joins Prudential from Credit Suisse, where he spent 22 years in various leadership roles. Most recently, he was the global chief economist and chief investment officer for the Americas, based in New York. Prior to that, he held titles including chief investment officer for South Asia and head of Asia economics and fixed-income strategy.
Experience and Qualifications
Farris has a Master of Science in Finance from London Business School and a Bachelor of Arts in Economics from the University of North Carolina. He has over 30 years of experience as an economist and strategist for international financial services firms, including Crosby Securities, where he started his career as head of economics and equity strategy in Hong Kong.
What He Will Bring to Eastspring
Prudential’s chief executive, Bill Maldonado, said that Farris’ breadth and depth of experience, coupled with his understanding of global economics and markets, will be “invaluable” to the asset management arm’s investment teams and clients. He added that Farris will be a valuable asset in navigating the current global macroeconomic backdrop marked by heightened uncertainty and complexity.
Conclusion
Ray Farris’ appointment as chief economist of Eastspring Investments is a significant move for the asset management arm. With his extensive experience and expertise, he will provide valuable insights to guide investment and asset allocation decisions. His appointment is expected to enhance the asset management arm’s ability to navigate the current global economic landscape.
FAQs
Q: What is Ray Farris’ background?
A: Ray Farris is a veteran of Credit Suisse, where he spent 22 years in various leadership roles. He has over 30 years of experience as an economist and strategist for international financial services firms.
Q: What will Ray Farris do as chief economist of Eastspring Investments?
A: As chief economist, Farris will provide in-depth macroeconomic data, trends, and insights to guide investment and asset allocation decisions.
Q: Who will Ray Farris report to?
A: Farris will report to Eastspring’s chief investment officer, Vis Nayar.
Q: Where will Ray Farris be based?
A: Farris will be based in Singapore.
