People Moves

Allspring Global Investments Appoints New Head Of Distribution

Editorial Staff September 12, 2022

Allspring Global Investments Appoints New Head Of Distribution

The latest moves and appointments at US-based asset manager All Spring Global Investments.

This week, Allspring Global Investments appointed John Moninger as head of US Distribution at its Boston office, starting later this year.

He will lead Allspring’s retail sales, institutional sales, platform development, and client service and consultant relations teams, the firm said in a statement. He brings decades of industry experience, joining from Eaton Vance, a part of Morgan Stanley Investment Management, where he had been managing director of intermediary sales since 2012. In this role, he set the direction and led the day-to-day operations for Eaton Vance’s Sales and Relationship Management and the Eaton Vance Advisor Institute, the firm added.    

Welcoming him to the firm, Allspring’s chair and CEO Joe Sullivan said: “He brings a strong blend of highly-relevant industry experience that will be instrumental as we continue to build and grow Allspring as an independent company in partnership with our clients. As an organization, we are committed to providing exceptional value for clients and delivering on our mission to elevate investing to be worth more.”

Moninger added: “I have been impressed by the strong investment platform and caliber of the people at Allspring and look forward to partnering with the team to evolve the company together.” 

Earlier in his career, Moninger held leadership posts at LPL Financial and UBS Financial Services. He currently serves as chairman of the board of the SEAL Family Foundation. He is also actively involved with the Money Management Institute as former chair of the board of governors. 

This announcement follows the appointment earlier this year of Andy Sowerby to lead Allspring’s international distribution efforts. Sullivan stressed: “With their strong leadership at the helm of our distribution efforts, I am confident we can evolve Allspring to deliver meaningful outcomes and create even stronger partnerships with our global clients.” 

Allspring Global Investments has more than $476 billion in assets under management, with offices around the world. 

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