Morgan Stanley names Michael Kushma chief of fixed income investment strategies

By AP
Monday, July 12, 2010

Morgan Stanley names Kushma fixed income chief

NEW YORK — Morgan Stanley’s Investment Management unit on Monday named Michael Kushma to lead its fixed-income investment strategies.

Kushma’s title will be chief investment officer of global fixed income. He previously co-led the unit’s global and European fixed-income team.

His appointment was the fifth in recent months in the unit’s leadership.

He joined the firm in 1995.

As of March 31, Morgan Stanley Investment Management has approximately $56 billion of assets under management.

Shares of Morgan Stanley slipped 11 cents to $24.59 in afternoon trading.

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