New York-based fixed income shop The Midway Group has hired John Morris as a managing director in charge of marketing and business development.
“We are delighted to have John be part of Midway as he brings a wealth of industry experience and a reputation for integrity,” said Bob Sherak, CEO of Midway. “John joins us at an important point in Midway’s history as we build a global institutional investor base. We look to his experience and leadership in this effort.”
Prior to joining Midway, Morris was president of Fulcrum Investment Group, a New York-based firm that seeds quantitative investment strategies. Previously, he was managing director and partner at Promethean Investment Group.
Midway is a fixed-income asset management firm that specializes in providing investment strategies in hedged mortgage derivatives. The firm was founded in 2000 by Sherak, an industry veteran of 25 years.