Perspectives Blog

Marie M. Schofield, CFA, Chief Economist and Senior Portfolio Manager

Marie Schofield is chief economist and senior portfolio manager at Columbia Management Investment Advisers, LLC (CMIA). Ms. Schofield is a member of the firm’s investment strategy committee and leads the effort on macroeconomic research and strategy. She is also a member of the asset allocation team. Prior to her current role, she served as head of the core fixed-income team in Boston from 2001 through 2006 and as senior strategist for the fixed-income strategy group from 2006 through 2008. Ms. Schofield joined the firm* in 1990 and has been a member of the investment community since 1975.

Prior to joining the firm, Ms. Schofield was a portfolio manager at Trustco Bancorp NY, Chittenden Bank and BayBanks Investment Management.

Ms. Schofield earned a B.S. from the College of Saint Rose and is a member of the CFA Institute, the Boston Security Analysts Society, the Fixed Income Management Society of Boston and the Boston Economic Club. In addition, she holds the Chartered Financial Analyst designation.

The U.S. economy — a gain in GDP?

Marie M. Schofield, CFA, Chief Economist and Senior Portfolio Manager | May 2, 2013

First quarter advance estimate of GDP shows annualized growth of 2.5%, which was below expectations. Positive contributions from personal consumption, fixed investment and inventories were shaved by negative contributions from net exports and government expenditures. This quarter’s weaker economic data will temper views of the Fed backing away from quantitative easing (QE) sooner rather than