NEW YORK, Feb. 29 /PRNewswire/ -- Merrill Lynch today announced that James
Kase has joined the firm's Asset Management Group (AMG) as managing director
for the Americas region, taking on a senior role within institutional asset
management.
Formerly Head of Equity Sales and Research/Asia at Lehman Brothers, Mr.
Kase will relocate to New York from Tokyo.
"This appointment is a real coup for Merrill Lynch," said Bob Doll,
co-head of AMG Americas. "Jamie will develop AMG's presence in the
institutional market and strengthen its franchise among corporate clients. He
will also be instrumental in helping our clients diversify their portfolio
risk, a major trend in the institutional marketplace right now."
Greg Bundy, co-head of AMG Americas, added: "With more than 14 years of
experience in quantitative products, Jamie's hire is an essential element in
the expansion of our institutional asset-management capabilities. We are
building a tremendous team to service and support our growing institutional
client base."
Mr. Kase will work on product development and client-relationship
enhancement, initially focusing on Merrill Lynch Quantitative Advisors (MLQA),
the specialist derivative and quantitative team established in 1999. MLQA has
enjoyed significant success since its inception, winning mandates of more than
$18 billion from a range of clients. In fact, Mr. Kase worked with several
members of the MLQA while all were employed at Bankers Trust in the late 1980s
and early 1990s.
"I'm excited about this opportunity and am really looking forward to
working with the team again," Mr. Kase said. "Today's market is the perfect
environment for derivative and quantitative products and AMG is at the
forefront in terms of product innovation and investment skills."
Prior to joining Lehman in 1995, Mr. Kase was responsible for
institutional derivative sales at Swiss Bank Corp., where worked 1993 to 1995.
Mr. Kase, 39, was graduated from Brown University in 1982 with a degree in
political science.
Merrill Lynch is one of the world's leading financial management and
advisory companies with offices in 43 countries and total client assets
exceeding $1.7 trillion. As an investment bank, it is the top global
underwriter and market maker of debt and equity securities and a leading
strategic advisor to corporations, governments, institutions, and individuals
worldwide. Through its Asset Management Group, the company is one of the
world's largest managers of financial assets, with approximately $557 billion
under management.
SOURCE Merrill Lynch & Co., Inc.
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CONTACT: Erik T. Hendrickson of Merrill Lynch, 212-449-7293, ehendrickson@exchange.ml.com
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