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MainStay expands institutional sales team

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MainStay Investments has appointed  John Lloyd, CFA, FRM, CAIA, as managing director and head of the Research Platform Group of the firm’s Institutional Intermediary Business (IIB).

Previously, Lloyd was with Credit Suisse Securities, LLC, where he was a managing director and Head of Portfolio Solutions and Investment Consulting Solutions for Credit Suisse Private Bank.
 
Additionally, MainStay has further strengthened IIB’s Defined Contribution Investment Only (DCIO) practice with the addition of Jonathan Blaze, who joins the team to lead its wholesaling specialist effort nationwide, as well as to cover the Central region out of Chicago. Mr. Blaze comes to MainStay from Thornburg, where he built and grew its DCIO business into one of the largest and most respected in the industry.
 
“I am thrilled to start off the year by welcoming these talented senior professionals to our dynamic and growing Institutional Intermediary Business team, and look forward to the breadth of knowledge and expertise they will bring to our business,” says Brendan Gundersen, managing director and head of MainStay’s Institutional Intermediary Business. “John has worked for some of the world’s largest and most respected financial institutions and we look forward leveraging his broad and impressive experience to support our institutional business goals.”
 
“Having best-in-class talent is critical to our business strategy, growth and success,” says Stephen Fisher, president of New York Life Investment Management. “We have made great strides over the past year in building out our Institutional Intermediary Business and we continue on an ambitious path for 2016.”

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