Affiliated Managers Group (AMG), an American international investment management company, has named Jeffrey Cerutti as CEO of AMG Funds, which is a newly created position.
Cerutti will manage the responsibilities of evolving and executing the company’s strategy for its US retail distribution business, AMG Funds, which has assets worth $80 billion under management and administration.
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Prior to this appointment, Cerutti has worked as executive vice president, head of distribution in Virtus Investment Partners.
AMG chairman and CEO Sean Healey said that Jeff has tremendous experience, including a 20-year track record in developing and leading the retail distribution efforts of several asset management businesses.
"Given his expertise, Jeff will play an instrumental role in accelerating the growth of our U.S. retail platform as AMG continues to create a differentiated value proposition for clients in this area. I know he will be an excellent addition to our senior team," added Healey.
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