NEW YORK and LONDON, April 13, 2015 /PRNewswire/ -- Cantor Fitzgerald, a leading global financial services firm, today announced the expansion of its Asset Management business with the appointment of Michael Gardner as Senior Managing Director and Global Head of Portfolio Solutions. Mr. Gardner will focus on assisting asset owners with monitoring, measuring and managing risk holistically across mandates, geographies and asset classes.
"I am pleased to welcome Michael to Cantor. Michael's appointment underscores our commitment to hiring talented and seasoned professionals, and I expect that his extensive experience and relationships will add tremendous value to our growing franchise," said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. "We anticipate considerable demand for tailored risk management and restructuring solutions, and will continue to expand our suite of products and services to serve the needs of our clients."
Mr. Gardner added, "We designed this offering as a distinctly separate business line, with the aim of creating highly customized services to meet investors' specific risk, return, correlation and liquidity objectives, on a platform of their choice. I look forward to leveraging Cantor's global distribution platform and market-making capabilities, and helping clients manage their portfolio assets."
Mr. Gardner previously served as Global Head of J.P. Morgan's Transition Management Product. Prior to this, he served as Manager of Trading and Operations for Russell Investment's Transition Management offering. Mr. Gardner holds a B.A. from University of Washington and the Designation of CFA from the CFA Institute.
Headquartered in London, Cantor Fitzgerald Europe ("CFE") is an integrated mid-market investment bank offering clients corporate finance and corporate broking services, together with institutional cash equities, fixed income, equity derivatives and foreign exchange products. CFE services some 70 corporate clients and makes markets in over 700 companies and investment trusts. CFE is an affiliate of Cantor Fitzgerald & Co.
About Cantor Fitzgerald
Cantor Fitzgerald, a leading global financial services group at the forefront of financial and technological innovation has been a proven and resilient leader for over 65 years. Cantor is a preeminent investment bank serving more than 7,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, prime brokerage, and commercial real estate finance and for its global distribution platform. Cantor Fitzgerald & Co. is one of 22 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,600 employees serve clients through 35 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit www.cantor.com.
Note to Editors: Cantor Fitzgerald, L.P., led by Chairman and Chief Executive Officer Howard W. Lutnick, is the parent entity of Cantor Fitzgerald & Co., led by Chief Executive Officer Shawn P. Matthews and Cantor Fitzgerald Europe.
SOURCE Cantor Fitzgerald