19OCTOBER 2024INSIGHTSCXOINSIGHTSCXOArthur Korsun, a seasoned leader, holds a stellar track record in efficiently managing investment equities, fixed-income regulation and financial contracts. His expertise extends to cultivating strong client relationships, encompassing both hedge fund and major organization clientele on a global scale. Currently holding the position of Director of Investment Management at Northwestern Mutual, Korsun translates complex financial concepts into clear-cut explanation, making him an invaluable asset in the world of investment management. In an interview with Financial Services Review, Korsun shares his insights on the challenges and emerging trends in the investment banking sector and modern ways to adapt to the upcoming changes Could you elaborate on your primary roles and responsibilities and how they impact the daily operations and long-term strategies of the firm?In my current capacity, the central focus is the management of client assets, where we apply our expertise and experience in risk management and diversification strategies. Our approach extends beyond asset management to encompass comprehensive financial planning, regular monitoring, and necessary adjustments of client portfolios. My team and I also emphasize the importance of behavioral discipline in investment decisions. By adopting a holistic methodology in our services, we offer significant value in professionally managed portfolios. This contrasts markedly with the outcomes typically achieved by individuals independently managing their investments. Through this article, I would really like to highlight the distinct advantages of professional portfolio management over self-directed investment strategies.Could you elaborate on specific strategies that you believe are crucial in your role as the director of investment management?Our team's collective expertise and experience are fundamental to our approach. For instance, I bring my Chartered Financial Analyst (CFA) credentials, and we also have a Certified Financial Planner (CFP) on board who specializes in financial planning, life insurance, and overall coordination. This diverse expertise enables us to tackle complex client issues effectively, particularly in areas like retirement distribution optimization and risk management.In risk management, a common issue we observe is individuals self-managing their portfolios and inadvertently taking on either too much or too little risk. This misalignment THE GROWTH OF THE INVESTMENT BANKING SECTOR BEYOND THE NUMBERSArthur Korsun, CFA, Director of Investment Management, Northwestern MutualArthur Korsun
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