Odey Asset Management, EIOPA OPSG, HSBC GAM, Preventable Surprises, Franklin Templeton

EIOPABernard Delbecque has been re-elected chair of the supervisory authority’s occupational pensions stakeholder group (OPSG), and Aleksandra Maczynska and Falco Valkenburg its vice-chairs. 

This OPSG will be the first to sit following a reform of the European supervisory authorities, which included changes to the stakeholder groups. One of these is that OPSG members are now elected for a four-year term, although the position of the chair is for two years.

“It is a great honor for me to have been re-elected OPSG Chair for a two-year (nonrenewable) term,” said Delbecque on social media platform LinkedIn. “As chair, I may be asked to make a statement before the European Parliament and answer any questions from its members whenever so requested. This is a great new responsibility.” 

Delbecque is senior director, economics and research, at EFAMA, the European Fund & Asset Management Association. Maczynska is executive director at retail investor lobby group Better Finance, and Valkenburg is chair of the Actuarial Association of Europe. 


Odey Asset Management – The London active manager firm has appointed Jos Trusted as head of institutional business, a new role. He joins from CQS Limited where, as the CEO of the CQS New City Equities business, he led the successful launch of CQS’ long only equity investment business. Before CQS, Trusted was a partner at Pensato Capital, a UK-based European equities business.

At Odey, Trusted will will focus on growing the firm’s institutional business through the development of its product range, the recruitment of new investment managers and the diversification of its international client base. 


HSBC Global Asset Management – Luther Bryan Carter (Bryan) is the asset manager’s new head of global emerging markets debt (EMD), taking over from Nishant Upadhyay, who remains with the firm and will focus on fixed income investment platform projects. While taking immediate oversight responsibility for all investment decisions, Carter’s first initiative and focus will be on deepening the country research function.

He joins HSBC GAM from BNP Paribas Asset Management, where he was lead portfolio manager. Before joining BNP Paribas, he managed EMD and global absolute return bond capabilities at Acadian Asset Management for nine years and directed its quantitative fixed income research effort. He started his career as an economist at the US Treasury Department and T Rowe Price. 

HSBC said that since 2014, Carter has been deeply involved in the Emerging Markets Investors Alliance, a leading global non-profit network of institutional investors committed to advancing sustainable social and economic development in emerging markets.


Preventable Surprises – Laura Berry is joining the responsible investment ‘think-do’ tank as a senior advisor. She spent nearly a decade as executive director of the Interfaith Center on Corporate Responsibility and 17 years as a large cap value portfolio manager with a focus on the pharmaceutical industry. She

Berry currently serves as a member of the board of directors for the Praxis Mutual Funds, a trustee and investment committee member for the Connecticut-based William Caspar Graustein Memorial Fund, and is vice president of the Comitato Etico di Etica, Sgr in Milan, Italy. She is also a founding board member for both Majority Action (originally 50/50 Climate) and the Church Center for Peace and Justice, in New York City. 


Franklin Templeton – Julian Ide has been appointed head of EMEA distribution effective at the completion of Franklin Templeton’s acquisition of Legg Mason, which is expected on 31 July 2020. Edinburgh-based Ide will remain CEO of specialist investment organisation Martin Currie. He will report to Adam Spector, the recently-announced head of global advisory services.

The core facets of Martin Currie will remain unchanged. Martin Currie will continue to have investment independence as well as institutional distribution and client service independence.