Legal & General Investment Management, Principles for Responsible Investment, ATP, ABP, ING Investment Management, Newton, Liquidnet
Legal & General Investment Management (LGIM) – IPE understands that Hugh Cutler, head of Europe and the Middle East at LGIM, has left the company after more than five years. In the past, Cutler has served as managing director at Barclays Capital Partners, as well as a consultant at Railpen Investments and Towers Perrin.
Principles for Responsible Investment (PRI) – Martin Skancke has been appointed chair of the PRI’s Advisory Council. Based in Norway, he is to succeed Wolfgang Engshuber, who completes his three-year term as council chair. Skancke previously served as director general and head of the asset management department at the Norwegian Ministry of Finance, where he designed and established the Norwegian Government Pension Fund. He spent four years as head of the Domestic Policy department at the office of the prime minister of Norway, acting as chief advisor on economic policy issues, including pension reform. In 2011, he left the Ministry of Finance to establish his own consultancy to help governments in developing countries create their own SWFs.
ATP – Anne Broeng has been appointed to the supervisory board of ATP, with effect from 1 April 2014. Broeng has been a director of PFA Pension since 2009, but the company announced in February this year that she had decided to leave to look for new challenges. She worked at PFA Pension for 12 years. Broeng will remain at PFA officially until the end August, according to the terms of her notice period.
ABP – The €309bn civil service scheme ABP has appointed Eiko Smid as public affairs officer at its pensions bureau. He will be tasked with lobbying the government and politicians in The Hague. Smid has left The Hague-based public affairs bureau Droge & Van Drimmelen, where he has worked as a senior consultant for the last 10 years.
ING IM – ING Investment Management has appointed Moudy El Khodr and Kris Hermie as senior managers of its US High Dividend and Global High Dividend strategies. They will join the company’s Equity Value team in Brussels, and report to Nicolas Simar. Moudy has 16 years of experience in dividend investment at ING IM and Petercam. Hermie also spent 16 years as an investor at both companies.
Newton – Julian Lyne has been appointed head of global consultant relations, responsible for institutional consultant relations across the EMEA, North American and Asia-Pacific regions. He joins Newton from F&C Investments, where he was head of global consultant and UK institutional business. Prior to joining F&C in 2008, he was head of global consultant relations at HSBC Investments.
Liquidnet – The institutional trading network has appointed Christopher Wall as head of market surveillance in Europe and David Stockwell as market surveillance specialist. Wall joins from Newedge, where he was a senior compliance officer working in the company’s London office. Prior joining Liquidnet, Stockwell was an equities trader at Société Générale and before that at Wood Street Capital and ABN AMRO.