Monthly Commentary Featuring Morgan Stanley's Global Investment Office

Andrew Nania is a Vice President in the Morgan Stanley Wealth Management Global Investment Office and an investment strategist for E*TRADE Capital Management, LLC. Prior to joining E*TRADE in 2014, he was a Private Client Banker at JPMorgan Chase, where he was responsible for working with high-net-worth households on banking and investing. Andrew is a graduate of Amherst College where he received his Bachelor of Arts (B.A.) in religion and political science and is a Chartered Financial Analyst (CFA®) charterholder and member of the CFA Institute and CFA Society New York.

Jennifer Stahmer is an investment strategist on the Portfolio Analytics and Cross-Asset Strategy Team within Morgan Stanley’s Global Investment Office. Along with her team, she provides market guidance within the Daily Positioning, 1% Move, and ChartBook publications. Prior to joining Morgan Stanley, Jennifer worked at Citi on the US Equity Strategy team, was a member of the Investor Relations and Real Estate teams at Consolidated Edison, a buy-side analyst at PIMCO Equity, and a sell-side associate at Citi covering Machinery and Engineering Construction companies. Jennifer earned an MBA from the Stern School of Business at NYU and a BA from Mount Holyoke College

Steve Edwards, CFA, is a Managing Director within Morgan Stanley Wealth Management’s Global Investment Office in New York. He serves as a senior investment strategist and head of the Portfolio Analytics and Cross-Asset Strategy Team within Morgan Stanley Wealth Management’s Global Investment Office in New York. Along with his team, he is responsible for quantitative analysis to support the Firm’s asset allocation, manager selection, and portfolio construction decisions. The team oversees a series of ETF model portfolios and several Firm-discretionary portfolios and provides investment strategy through special reports and periodicals, including the monthly “Topics in Portfolio Construction” piece.

He previously served as a portfolio strategist within the Outsourced CIO Team, where he designed the team’s quantitative investment infrastructure and participated in the ongoing portfolio management process. Prior to joining Morgan Stanley in 2015, Steve co-founded Frontera Management, a systematic global macro firm, where he served as a principal and portfolio manager. Steve started his career at Bridgewater Associates and later served as a researcher and portfolio manager at Spruce Private Investors, a $1.5 billion Outsourced CIO firm, where he designed a systematic investment process and managed client portfolios and a global macro overlay. Steve received an A.B. degree in history from Princeton University in 2001, earning magna cum laude and Phi Beta Kappa honors, and played on the school’s golf team. Steve became a CFA charterholder in 2006 and is a member of both the CFA Institute and the Stamford (Connecticut) CFA Society.