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MLIM Adds to its Institutional Team

Merrill Lynch Investment Managers has named Neal Howe managing director and head of consultant relationships for its U.S. and Canadian institutional business, the Merrill unit announced last week.

Howe will be responsible for establishing strategies focused on consulting firms to expand MLIM's penetration of those firms' client bases, according to the company. He will also be responsible for managing MLIM's communications with consulting firms' research departments, analysts, field consultants and clients. He will report directly to James Kase, head of MLIM's Americas Institutional Distribution.

Howe previously served as executive VP and chief marketing officer for San Francisco-based Husic Capital Management. Before that, he was managing director/partner of SG Cowen in New York.

MLIM, Merrill's investment management unit, has $529 billion under management worldwide, the company said. Of that, $266 billion is in institutional accounts.