February 28, 2013 15:04 ET

FFTW Strengthens Multi-Sector Fixed Income Capabilities

CHICAGO, IL and NEW YORK, NY--(Marketwire - Feb 28, 2013) -  Fischer Francis Trees & Watts, Inc. (FFTW), the US and global fixed income partner of BNP Paribas Investment Partners, is pleased to announce the hiring of two senior multi-sector fixed income specialists. Dominick DeAlto joins as the Head of Global Multi-Sector Fixed Income responsible for FFTW's global aggregate, US core and US core plus capabilities. He will also lead the Sector Rotation team, a key alpha source for the multi-sector capabilities. Timothy Johnson joins as Head of Global Sovereign Fixed Income in charge of managing FFTW's global sovereign portfolios. Timothy will also be a member of FFTW's Global Rates Alpha team. Both Dominick and Timothy will be based in New York and will report to Guy Williams, Chief Investment Officer of FFTW.

"Multi-sector capabilities, such as global aggregate, global sovereign, US core and US core plus, are the foundation of our fixed income business. They are a key investment allocation for our clients, and therefore, we must continually search for opportunities to enhance our team. The hiring of Dominick and Timothy has enabled us to strengthen these capabilities," remarked Robert Harrison, Chief Executive Officer of FFTW. 

"I am delighted Dominick and Timothy have joined FFTW," added Guy Williams. "Their hirings have further enhanced our senior investment staff, reinforcing our strong commitment to US and global multi-sector strategies and the innovative principle of a dedicated sector rotation alpha team. We are now better positioned to serve our clients and develop our business across our US and global investment strategies."

FFTW has been managing US bond portfolios since the 1970s and global bond portfolios since 1988.


Dominick DeAlto - Dominick is the Head of Global Multi-Sector Fixed Income and Sector Rotation for FFTW and is responsible for performance, growth and development of multi-sector (with credit) capabilities firm wide as well as determining sector allocation trades to generate alpha for all of the firm's portfolios. Prior to joining FFTW, Dominick was the Head of Investment Strategy and Product Development for Deutsche Asset Management. Before that, he was Head of Fixed Income (Americas) for Robeco, Weiss Peck & Greer Investment Management where he oversaw the management of US and global fixed income assets. Prior to Robeco, Dominick held various fixed income portfolio manager positions the longest of which was with J.P. Morgan Asset Management and its predecessor Chase Asset Management. Dominick began his career as a credit analyst at Chase Securities Inc. He has over 23 years of investment experience. Dominick earned his BS in economics from State University of New York, SUNY - Oneonta (1987). He is a member of the New York Society of Securities Analysts.

Timothy Johnson - Timothy is the Head of Global Sovereign Fixed Income for FFTW and is responsible for performance, growth and development of global sovereign and sovereign-only strategies firm wide. He is also a member of the Global Rates Alpha Team. Prior to joining FFTW, Timothy was a Portfolio Manager on the Investment Grade Credit/Long Duration Team for BlackRock. Before that, he worked in various functions at the Federal Reserve Bank of New York, as a Senior Fixed Income Analyst, Head of Domestic Capital Markets, and thereafter, on secondment as a Euro Reserve Portfolio Manager for De Nederlandsche Bank. Timothy started his career as an Asset-Liability Management Analyst/Credit Analyst at AllFirst Bank. He has 18 years of investment experience. Timothy earned his BA in economics and MBA in finance, both from the University of Maryland (1992). He also has a Master of Public Policy from Duke University (1997).

Fischer Francis Trees & Watts

Fischer Francis Trees & Watts ("FFTW") is a global investment management firm providing active, fixed income strategies to institutional investors. It manages single and multi-currency mandates across global, US and emerging markets. As of December 31, 2012, FFTW managed and advised US$58.5 billion on behalf of clients around the world, including central banks, public institutions, corporations, insurance companies, endowments, foundations and non-profit organizations, and sub-advisory relationships. FFTW has investment teams in the United States, United Kingdom and Singapore. The firm is a wholly-owned subsidiary of BNP Paribas and sits within BNP Paribas Investment Partners, the global brand name of the BNP Paribas group's asset management services. Fischer Francis Trees & Watts, Inc. and Fischer Francis Trees & Watts UK Limited are both registered with the US Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940, as amended. Fischer Francis Trees & Watts UK Limited is authorized and regulated by the Financial Services Authority. Registered in England No: 979759, registered office: 5 Aldermanbury Square, London, England, EC2V 7BP, United Kingdom. References in this material to Fischer Francis Trees & Watts Singapore are to the registered business name (Business Reg. No. 53207544K) of BNP Paribas Investment Partners Singapore Limited (Co. Reg. No. 199308471D).

About BNP Paribas Investment Partners

BNP Paribas Investment Partners is the dedicated autonomous asset management business of the BNP Paribas Group. BNP Paribas Investment Partners offers the full range of investment management services to both institutional and retail clients around the world. Central to the way we work is the concept of partnership -- both in terms of how we behave as a family of companies and our relationships with our clients. Around 800 investment professionals work across our network of some 60 investment centres, each specialising in a particular asset class or type of product. With total assets under management of US$663 billion as of December 31, 2012, BNP Paribas Investment Partners one of the largest investment management firms in the world.

About BNP Paribas

BNP Paribas has a presence in 80 countries with nearly 200,000 employees, including more than 150,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.