PGIM Fixed Income, a global asset manager with over USD868 billion in assets under management, has hired Katharine Neiss into the newly created role of chief European economist, effective immediately.
PGIM Fixed Income is part of PGIM, the global investment management business of US-based Prudential Financial and one of the world’s top 10 asset managers with more than USD1.3 trillion in assets under management.
Neiss is a member of PGIM Fixed Income’s Global Macroeconomic Research team, which is led by Nathan Sheets, former undersecretary of the US Treasury for international affairs, who previously worked at the Federal Reserve Board, most recently as director of the Division of International Finance and FOMC Economist.
Neiss joins from the Bank of England where she was for over 20 years, most recently as head of the International Surveillance Division. Previous roles include head of the Policy, Strategy and Implementation Division and senior manager roles in both the International Economic Analysis and Structural Economic Analysis Divisions. She has published research on a range of topics including the role of the real interest rate as a monetary policy indicator.
Neiss is based in London, responsible for analysing and advising on the UK and European economies and markets with a focus on the activity and impact of the Bank of England and European Central Bank. She reports to Nathan Sheets.
“Understanding the role of macroeconomics in market behaviour has long been an important focus for us and in these extremely uncertain times becomes even more critical,” says Sheets.
“We are delighted to welcome Katharine to the team, to bring on-the-ground European coverage. Her strong credentials in international trade, finance and monetary economics will be of great value as we continue to provide analysis and insight to our investment teams and global clients.”