A Stein Roe & Farnham high-yield analyst has followed his boss to Northern Trust Corp. to become a senior portfolio manager.

J. Eric Misenheimer started at Northern, based in Chicago, on May 26 as a vice president. He reports to M. Jane McCart, senior vice president of the high-yield bond management team. Ms. McCart joined Northern in October and manages its first high-yield mutual funds-one junk bond and one municipal portfolio.

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