Los Angeles Money Manager Opens in Boston

May 26, 2010 (PLANSPONSOR.com) – Payden & Rygel, a Los Angeles-based investment manager with $55 billion in assets under management, has opened a Boston office in the Financial District.

A news release said the firm brought Justin Bullion on board to lead and manage the office.

Bullion brings 20 years of investment management experience, having spent the last 12 years with Wellington Management Company, LLP and, prior to that, worked for investment management firms Miller Anderson & Sherrerd LLP and BlackRock Financial Management.

“The opening of our Boston office and Justin’s hiring are exciting developments for our firm and mark a natural expansion for us,” said Joan Payden, founder and CEO of Payden & Rygel, in the news release.