Global Asset Allocation Viewpoints – First Quarter 2021
What should investors expect in the first quarter from markets and the economy? Hear views from Seema Shah, Chief Strategist, Principal Global Investors, and Todd Jablonski, CIO of Principal Global Asset Allocation.
Executive Director, U.S. Client Group
Principal Global Investors
Tim Hill is head of the firm’s U.S. client group, which includes the firm’s sales, service, marketing, and product teams. In this role, he leads 100+ employees covering all wealth advisory, institutional, consultant, and client service functions for Principal Global Investors (PGI). Hill brings 25 years of industry experience to the firm and as a member of PGI’s Operating Committee, Tim helps to shape and execute the vision and strategic planning for the firm. Prior to assuming this role, from January 2007 to September 2018, Hill was responsible for U.S. Wealth Advisory distribution activities to wirehouses, regional and independent firms, as well as starting the DCIO effort at Principal. From March 2003 to December 2006, he was a divisional manager overseeing 10 regional directors who were responsible for the distribution of WM Group of Funds a division of WAMU, in the central part of the United States. Prior to that, he held various sales and senior sales management roles at Edward Jones, and Alliance Bernstein. Tim is a member of the Sales and Marketing Committee of the ICI and has been featured in numerous industry publications, CNBC and the New York Times. Education: Tim received a Bachelor’s Degree in Business Administration at Jamestown College. He holds Series 7, 24, 26, and 63 licenses.
Chief Investment Officer
Principal Global Asset Allocation
Todd Jablonski is the chief investment officer and head of multi-asset investment strategies and solutions for Principal Global Investors. He is responsible for the business, research, and investment management of Principal Global Asset Allocation. Jablonski oversees specialized multi-asset investment strategies and solutions, including target date, dynamic risk, outcome-oriented solutions, and bespoke multi-asset investments on behalf of global clients. He leads portfolio management, product development, and research capabilities, which include macro insights, manager research, and investment risk & analytics. He also serves as a Portfolio Manager on U.S. dynamic risk asset allocation strategies. In addition, Jablonski is a member of Principal Global Investors’ Operating Committee. In this capacity, he contributes to the overall vision and management of Principal Global Investors, including strategic planning and execution. He also serves on the board of directors of AFP Cuprum S.A. in Santiago, Chile. Jablonski joined Principal® in 2010. Previously, he was an Executive Director and Portfolio Manager at UBS, and prior to that, a Vice President and Portfolio Manager at Credit Suisse. He has an MBA with concentration in quantitative finance from New York University, a bachelor’s degree in economics from the University of Virginia, and has earned the right to use the Chartered Financial Analyst designation.
Chief Strategist
Principal Global Investors
Seema is Chief Strategist at Principal Global Investors. Based in London, she oversees global market strategy and advises investment staff across the firm in making economically sound asset allocation calls. She is responsible for the creation of global economic macro and secular event research, closely monitoring global central bank policy and political developments. Seema is a regular participant in conferences and forums speaking about global macro market issues. She is frequently quoted by the financial news media and appears regularly on CNBC and Bloomberg TV. Seema joined the firm in 2010, previously working as a strategist within Principal Global Fixed Income. Prior to joining Principal, Seema served as an economist at Capital Economics. She also worked with the macro consulting group at PricewaterhouseCoopers, and as an economist at HM Treasury. She received a master’s degree and bachelor’s degree with honours in economics from the London School of Economics.