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Northern Trust Asset Management appoints public funds and Taft-Hartley head

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Bob Parise has joined Northern Trust Asset Management as Practice Lead, Public Funds and Taft-Hartley plans for the Institutional Group. 

In this newly-created leadership role, he will collaborate across sales and client relationship management to establish business strategy and lead the delivery of investment solutions, including equity, fixed income and alternative asset classes, for these institutional segments.

Parise joins from JP Morgan Asset Management, where he was co-head of the Americas defined benefit business, responsible for new business development and relationship management across a group of corporate, public and Taft-Hartley defined benefit and defined contribution retirement plans.

“Bob is an experienced sales and client service professional with a record of success in establishing and expanding client and institutional consultant relationships,” says John Abunassar, Head of Sales and Distribution in North America for the Institutional Group at Northern Trust Asset Management. “Bob’s exceptional leadership skills and depth of knowledge about the Public Fund and Taft-Hartley segments will strengthen our investment offering for these plans that serve millions of workers.”

Parise has more than 20 years of experience at JP Morgan Asset Management and its predecessor firms. Prior to his leadership role in the defined benefit business, Parise was Midwest regional manager, a client advisor and an institutional sales executive. He earned a Bachelor of Business, Finance degree from Western Illinois University and an MBA from DePaul University.

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