New York Life Investment Management (NYLIM) has announced that Lisa Hornby will be joining the firm and will assume the role of head of public fixed income at the end of the year.
As NYLIM continues to bring together the full strength of its asset management capabilities across public and private markets, Hornby will provide overall strategic leadership and management of NYLIM’s public fixed income teams across MacKay Shields and NYL Investors, overseeing approximately $270bn in assets under management (AUM) in support of New York Life’s general account and NYLIM’s third-party clients.
Hornby joins from Schroders, where she most recently served as head of US fixed income. She brings deep investor experience and a strong track record of leading fixed income teams across portfolio management, product strategy and solutions, as well as client and consultant engagement. She also helped drive new business development and expand the platform’s investment capabilities and market presence.
“Lisa is a highly respected investment leader with deep fixed income expertise and a strong track record of building and leading complex businesses,” said Naïm Abou-Jaoudé, CEO, NYLIM.
“Her experience across investment grade, high yield, municipals, securitised products, emerging markets, and multi-sector strategies makes her exceptionally well positioned to help strengthen our platform, deepen connectivity across teams and support our long-term growth ambitions.”
Abou-Jaoudé added: “Public fixed income is foundational to our strategy. Lisa’s leadership, investment perspective and collaborative approach will complement the diverse talent and expertise across our leadership team as we continue to scale our global platform.”