DES MOINES - Invista Capital Management, the registered investment adviser for Principal Financial Group's capital management group, has added a portfolio manager and two strategists to its asset management team.
Portfolio manager Tom Morabito will manage small-cap value funds for Invista. He had managed small-cap assets for Invesco Management and Research of Boston for 12 years.
Quantitative strategist Mustafa Sagun will work with senior investment management on company screening models and portfolio analysis. Mr. Sagun will also assist with asset allocation advice. Before coming to Invista he had been a vice president and quantitative analyst for PNC Financial Services Group Inc. Before that he was an equity derivative specialist for Salomon Smith Barney.
International strategist Jenny Tian will work from Invista's New York office and will focus on Japan and Asian markets. She had been an equity research analyst for SSB Citi Asset Management Group, covering the global chemical industry.
All three positions were newly created.