Robert Costello, CFA

Experience

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  BlackRock

  Jan 2001 - Jan 2009

  Vice President | Global Client Group

  • Client relationship manager for over $14 billion in separate account and mutual fund assets for U.S. tax-exempt institutional clients, including public and corporate pension plans, foundations, and endowments• Developed a comprehensive knowledge of markets by attending weekly investment strategy reviews, reading written and web-based street research, and engaging in regular discussions with portfolio managers• Influenced cross selling efforts with existing clients by introducing new product ideas, developing presentation materials, and answering ad-hoc requests, all of which resulted in $5 billion in new fixed income mandates• Contacted approximately 75 new prospects via e-mail and telephone to initiate dialogue, resulting in 8 meetings and $45 million in new high yield assets under management• Oversaw work of 5-7 analysts and associates by reviewing client reports, portfolio review materials, new business presentations, and responses to client inquiries Show less

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  Putnam Investments

  May 2011 - Mar 2020

  Senior Investment Director

  • Co-leader of high performing fixed income product specialist team responsible for all product management and client portfolio management for the firm's $80 billion fixed income platform.• Client portfolio manager for $35 billion in fixed income assets under management, including $20 billion in multi-sector strategies, $4 billion in global bond strategies, and $6 billion in mortgage strategies• Served as subject matter expert to communicate investment philosophy, process, and performance drivers to external clients and prospects to win or retain assets• Led over 1000 external meetings and conference calls across financial advisor, RIA, and institutional channels, consistently delivering new business and contributing to $30 billion (est. $150 million in revenue) in overall fixed income net asset growth• Authored over 20 external thought leadership pieces, topical market updates, and educational presentations for both retail and institutional channels in successful effort to enhance Putnam’s fixed income brand• Won a $100 million fund allocation from a key intermediary firm into their advisory platform after leading a comprehensive nine-month due diligence process• Led effort to reposition existing absolute return and mortgage fund products, working closely with investment team and product development group on design, pricing, presentation content, and analyses of competitive landscape• Gathered and interpreted dozens of competitive analyses per year to assist clients and prospects with portfolio construction inquiries, as well as to stay current on product development and industry trends Show less

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  Thornburg Investment Management

  Apr 2021 - now

  Client Portfolio Manager, Fixed Income

  • Client portfolio manager for Thornburg's $15 billion taxable fixed income platform. Products include multisector, ultra short, investment-grade, core plus, and high yield.

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  Amundi US

  Jan 2025 - now

  Client Portfolio Manager, Fixed Income