Wellington’s Jean Hynes Speeds Up Hiring, Unfazed by Bear Market
- CEO plans to add 500 employees at $1.2 trillion manager
- She’s making a big push into sustainability, private assets
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Bear markets tend to herald lean times in the investment business. Not at Wellington Management.
Rather than retrench, Chief Executive Officer Jean Hynes is planning to add about 500 people in the next two years. She sees the wipeout in stocks and bonds as an opportunity to expand while rivals face potential cost cuts.