Deals and People

Retirement Industry People Moves

First Eagle’s Retirement Investment Solutions Group Takes Off; Wagner Law Group Adds Partner; and more.

By Javier Simon | November 11, 2016
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First Eagle Reveals Retirement Investment Solutions Group

First Eagle Investment Management has launched the Retirement Investment Solutions Group with new hire Michael Rosenberg as the head. The group will bring together financial advisers, investment consultants, and retirement plan recordkeepers to deliver investment solutions to plan sponsors, plan participants and individual retirement savers. It will meet this task while working closely with the firm’s retail and institutional distribution teams.

Leading the initiative, Rosenberg will draw from his experiences with Prudential Investments, where he served as executive vice president and director of investment-only defined contribution. He was responsible for sales to plan sponsors, consultants, intermediaries and retirement platforms. Prior to joining Prudential in 2007, Rosenberg spent nine years with Goldman Sachs Asset Management, where he was director of retirement services. He also spent 11 years marketing retirement plan services at ABN AMRO.

“I’m delighted to be joining First Eagle, where I’ve been impressed not just by the talent and track record of the investment teams, but equally by the deep commitment to clients that permeates the entire organization,” says Rosenberg. “First Eagle has both the ability and the drive to help retirement savers meet their goals.”

First Eagle is an independent investment management firm with a focus on active, fundamental and benchmark-agnostic investing, with a strong focus on downside protection. First Eagle’s investment capabilities include equity, fixed income and multi-asset strategies.

NEXT: Wagner Law Group Adds Partner