Swedish government, RPMI Railpen, AIC, ICI, Invesco Powershares, Dexion Capital, AGC Capital, SCIO Capital, NewSmith

SwedenPer Bolund has been appointed as minister for financial markets by incoming prime minister Stefan Löfven after the country’s recent general election. Bolund replaces former AP7 head Peter Norman, whose government was voted out in favour of a left-leaning coalition comprising the Social Democrats, the Green Party and the Left Party. Bolund, a Green MP, will now oversee the reform of the AP funds, which the previous government said would be cut in number from five to three.

RPMI RailpenKarl Sternberg has been appointed non-executive director for the pension fund for retired railway workers. RPMI and Railpen Investments are wholly owned subsidiaries of the Railways Pension Scheme, managing the assets and administration for the scheme as well as third-party clients. Sternberg was previously CIO at Deutsche Asset Management, and he also co-founded Oxford Investment Partners.

Association of Investment Companies (AIC) – Peter Arthur is set to be the next chairman of the AIC board, replacing Andrew Bell, who will step down in January 2015 after nine years. Arthur joined the board of the industry representative body in 2011, and has been deputy chairman since 2013. Previous experience saw Arthur as director of ISIS Asset Management.

Investment Company Institute (ICI) – William McNabb has been elected to a second term as chairman of the ICI. He has been elected to serve for an additional year. The board also elected Gregory Johnson as vice-chairman, also for one year. McNabb is currently chairman and chief executive of Vanguard and joined ICI’s board of governors in 2008. He also moved to head up Vanguard in the same year.

Invesco PowersharsNicolas Samaran has been appointed as head of product development for the EMEA. Samaran takes up a newly created role in Invesco’s exchange-traded funds (ETF) business. He will work with Lorraine Wang, global head of ETF products, and develop a new range of ETFs for the European market. He was previously head of investment content at Source, an ETF provider.

Dexion CapitalMax Nardulli has joined the alternatives investment bank as head of international sales. Nardulli will be responsible for growing the firm’s investor base. He joins from Cheyne Capital, where he managed business development outside of the UK. He also worked for Goldman Sachs.

AGC CapitalJérôme Marie, François Bouillon and Matthieu Lallaï have joined the French private equity house in its fund-of-funds team. Marie joined as principal, with Bouillon and Lallaï as vice-president and analyst, respectively.

SCIO CapitalBarry Lucassen and Eriko Aron have joined as directors in the portfolio management and risk management teams, respectively. The duo join the European structured credit manager from Aeris Capital and Detusche Bank.

NewSmithCharles Hopkinson-Woolley has been hired as head of alternatives and products for the London-based asset manager. He joins from Tyrus Capital, with previous experience at Deutsche Bank and Cazenove