Standish Mellon Asset Management Company LLC, the fixed income specialist for BNY Mellon Investment Management, today announced that Vincent Reinhart will join the firm as Chief Economist.
Reinhart, who will report to David Leduc, Standish's Chief Executive Officer and Chief Investment Officer, is a recognized leader in economics and the investment management industry. He will serve as a key resource for Standish's investment team and support developing the firm's macro framework which is a key part of Standish's investment process across all strategies.
"We are delighted to have someone of Vincent's caliber and expertise to further strengthen our global macroeconomic research platform. He will provide additional scope to our team based investment process and will support our focus on developing innovative fixed income solutions," said David Leduc.
Reinhart succeeds Tom Higgins who passed away late last year. "2015 was difficult as we said goodbye to a dear friend and remarkable colleague, but we find ourselves fortunate to add Vincent to the team," continued Leduc.
Prior to joining Standish, Mr. Reinhart held the roles of Chief U.S. Economist and Managing Director at Morgan Stanley and is a visiting scholar at the American Enterprise Institute (AEI). In addition, Reinhart worked at the Federal Reserve for twenty-four years where he was responsible for directing research and analysis of monetary policy strategies and the conduct of policy through open market operations, discount window lending, and reserve requirements. Reinhart received his undergraduate training at Fordham University and has graduate degrees in economics at Columbia University.
"I am excited to be able to join Standish, a firm with an impressive history, strong team and excellent investment capabilities," stated Reinhart. "I look forward to working with my new colleagues to meet the needs of our clients and to help them navigate ever changing market conditions."