Mr. Kelly joined the firm in 1999 and is responsible for overseeing the firm’s global multi-asset business. Mr. Kelly founded the firm’s multi-asset investment process and integrated several formerly independent regional balanced teams into one global team focused on total-return-oriented asset allocation, as well as manager selection. Today, the team’s flagship total return strategy has one of the longest track records focused on CPI + 5%-oriented investing (over rolling five-year periods) versus a relative return investment strategy.
Mr. Kelly also serves as a member of the firm’s Governance Committee, and Management Committee and chairs the firm’s Stewardship Committee. Prior to joining the firm, he spent 15 years in various equity research and portfolio management roles at J.P. Morgan Investment Management. During his last five years at J.P. Morgan, he also chaired the firm’s US Asset Allocation Committee. Prior to that, he spent several years in economic research at the economic consulting firm Townsend-Greenspan & Co. He holds an MBA from the Wharton Graduate School of Business. He also is a CFA Charterholder.