Erika K. Murphy, CFA, CAIA

Portfolio Manager

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About Erika Murphy

Erika Murphy is a portfolio manager in the Global Institutional Solutions (GIS) group at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. GIS is an investment team within Fidelity's Asset Management Solutions division, an integrated investment, distribution, and client service organization dedicated to meeting the unique needs of the institutional marketplace.

In her role, Ms. Murphy manages custom multi-asset class mandates for institutional investors and financial intermediaries. The team is dedicated to serving the needs of institutional asset owners that seek strategic support, guidance, customization, and active allocation.

Before joining Fidelity in 2022, Ms. Murphy was a managing director at Wellington Management, where she designed and managed custom multi-asset, multi-manager portfolios for large institutional clients globally. She also played a key role in Wellington’s sustainability and climate research initiatives. Earlier in her career, she worked as an investment professional at GAM’s hedge fund of funds, and she served as an analyst within Ernst & Young’s valuation advisory practice. She has been in the financial industry since 2005.

Ms. Murphy earned her bachelor of science degree in business administration and finance with honors from Villanova University. She is also a CFA^® charterholder and a Chartered Alternative Investments Analyst (CAIA).

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Recent thought leadership by Erika Murphy

Investing Ideas

Our philosophy on investing in private markets for nonprofits

For nonprofits that can tolerate illiquidity, private assets can be a valuable source of diversification and growth. But sizing and selection are critical to success.

A playbook for endowments and foundations (E&Fs) to help navigate higher inflation

Despite having an inflation-sensitive investment objective, E&Fs haven't had to worry much about inflation for most of the past 20 years. Now, in a world where inflation has remained elevated, do we expect elevated levels to persist? And can E&Fs still meet their return objectives?

Investing Ideas

Hot commodity or strategic necessity? The OCIO debate for nonprofits

Here’s what’s driving $2.9 trillion in outsourced investment management—and what’s next.

Investing Ideas

How endowments and foundations can align investment portfolios with their missions

Listening to clients about their goals and providing the right tools can help bridge the gap between returns and values.

Unlocking OCIO value for endowments and foundations

Would you build your own home? DIY management of your portfolio could similarly create unforeseen challenges for boards and investment committees lacking mission-critical expertise.

Investing Ideas

A portfolio manager's insights on investing for endowments and foundations

Tailoring strategies for nonprofits, including research, all-weather portfolios, and OCIOs.

Investing Ideas

Want to become a nonprofit board member? Here is what to consider as a fiduciary for endowments and foundations

Boards are considered the stewards of the nonprofit institutions they serve.

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The Chartered Financial Analyst (CFA^®) designation is offered by the CFA Institute. To obtain the CFA charter, candidates must pass three exams demonstrating their competence, integrity, and extensive knowledge in accounting, ethical and professional standards, economics, portfolio management, and security analysis, and must also have at least 4,000 hours of qualifying work experience completed in a minimum of 36 months, among other requirements. CFA is a trademark owned by CFA Institute.

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