BMO Financial to Launch Firm in Jersey City

//January 17, 2006

The new company, Pallium Investment Management, is slated to start operating in Q3.BMO Financial Group, and investment professionals Flavio Bartmann and Conrad Voldstad have invested $50 million to launch Pallium Investment Management in Jersey City’s Harborside Financial Center.

The company, which will formally open its doors around the third quarter, will be primarily focused on credit derivatives and has plans to develop other product lines. Pallium is currently recruiting portfolio and credit managers.