Breaking News: Brian Wright to Depart Ohio PERS for Nationwide Financial

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Breaking News: Brian Wright to Depart Ohio PERS for Nationwide Financial

Brian Wright, Portfolio Manager at Ohio Public Employees Retirement System, has been hired by Nationwide Insurance to lead their Liquid Alternatives Group. At Nationwide Mr. Wright will manage approximately $10 billion in assets. Nationwide stock, ticker NF, traded up 6 on the announcement of Mr. Wright’s hiring. While at OPERS, Mr. Wright generated nearly $1 billion in trading profits for OPERS, netting Mr. Wright nearly $7 million in bonuses according to insiders. He starts in mid-August.

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