BNY Mellon Asset Management has announced the appointment of Christopher Sheldon as chief investment officer of The Dreyfus Corporation. Sheldon succeeds Phil Maisano, who retired earlier this year.

Sheldon joins Dreyfus from BNY Mellon Wealth Management, where he was director of investment strategy and president of the BNY Mellon Funds. He joined BNY Mellon in 1995 and has more than 20 years of industry experience as a portfolio manager and investment strategist. Sheldon was previously managing director of BNY Mellon Wealth Management’s group on the West Coast, and is a national speaker on issues of investment strategy, the financial markets and the economy, and a frequent guest on Bloomberg and CNBC. He is a CFA charter holder and a member of the Boston Security Analysts Society.

“Our chief investment officer is a key member of the leadership team at Dreyfus, and I am pleased to welcome Chris into this role,” said Jon Baum, chief executive officer of Dreyfus. “His knowledge and strategic insights, exceptional judgment and strong communications skills will be great assets to us as we continue to become an even greater force in the mutual fund industry.”

Chris Sheldon will spend the next several months transitioning into the role, officially taking over on November 1.

Barclays Wealth has announce the appointment of Hans Olsen as a Managing Director and Head of Americas Investment Strategy.

In this newly created role, Mr. Olsen will help develop the firm’s strategic and tactical asset allocation and will manage the Investment Strategy team in the US. His focus will be on delivering regionally-customized investment strategies for high net worth clients in the Americas. Based in New York, Mr. Olsen will report directly to Aaron Gurwitz, the Barclays Wealth Chief Investment Officer.

“Hans has an exceptional background that makes him an ideal addition to our team,” said Mitch Cox, head of Global Research and Investments as well as the Americas for Barclays Wealth. “With experience in global, boutique and private family firms, Hans combines a deep understanding of the markets with an ability to convey his insights as practical, actionable guidance for our clients.”

“Hans’ strong investment expertise across publicly traded and private asset classes is an excellent complement to the team’s economic and behavioral finance strengths,” said Mr. Gurwitz.

Mr. Olsen joins Barclays Wealth from JP Morgan where he served as Chief Investment Officer for Private Wealth Management since 2007. In this role, he was a member of the Private Bank’s Global Investment Strategy team and responsible for constructing portfolios with a focus on asset allocation and manager selection, as well as building and maintaining an investment solutions platform. Prior to JP Morgan, Mr. Olsen was Chief Investment Officer at Bingham Legg Advisors, a Boston-based wealth manager, and also a portfolio manager at Emerson Investment Management, where he served as co-chairman of the Investment Strategy Committee. Previously, Mr. Olsen founded a private asset management company that specialized in managing portfolios for individuals and small institutions. From 1993 to 1995, he served as a senior portfolio manager at Ram Trust Services, a family office. His responsibilities there included the core equity and fixed income portfolio, a private money market fund, and private placement investments. Mr. Olsen began his career at Argus Research in New York.

A CFA charterholder, Mr. Olsen holds a BA from Bates College in Maine. He has completed the executive education program on investment decisions and behavioural finance at Harvard University.

“With Hans, Kevin Gardiner, our head of Investment Strategy for Europe, the Middle East and Africa, Benjamin Yeo, our head of Research, Economics and Investment Strategy for Asia, Greg Davies, our Head of Behavioral Finance, and our CIO Aaron Gurwitz, we believe Barclays Wealth now has one of the industry’s finest research teams dedicated to high net worth investors,” continued Mr. Cox, who oversees both the firm’s global research and investment product platform as well as its Americas wealth management business.

With 14 offices across the U.S. and Latin America, including its trust office in Delaware, Barclays Wealth in the Americas provides comprehensive wealth management to high net worth individuals and families. The firm focuses on understanding its clients’ financial needs, personal aspirations and tolerance for risk in order to design and implement highly customized investment solutions.