Wednesday people roundup [updated]
EIOPA Stakeholder Group, ING CDC Pension Fund, Universities Superannuation Scheme, Syntrus Achmea, PME, SNPF, SBZ, Momentum Investment Solutions & Consulting, Amundi, Newton Investment Management, Erste Asset Management, Polaris Private Equity, Schroders, Meketa Investment Group, Skagen Funds, Stanhope Capital
EIOPA Stakeholder Group – Philip Shier has been elected chair of the European Insurance and Occupational Pensions Authority’s pension stakeholder group, following the resignation of Benne van Popta. Aon Hewitt actuary Shier, who was appointed to the Occupational Pensions Stakeholder Group (OPSG) in 2011 and reappointed in 2013, will serve out the remainder of Van Popta’s two-and-a-half-year term. IPE understands that members of the OPSG elected him during the group’s first meeting of the year, held in EIOPA’s offices in Frankfurt on 9 March.
ING CDC Pension Fund – Fook Ley Wong has been appointed senior portfolio manager at ING’s new CDC Pension Fund. He will be co-responsible for the scheme’s matching and return portfolio. During the past two years, Wong has been in charge of portfolio construction, selection and monitoring of the global equity portfolio for the clients of the former DPFS, the provider for SPH, the €10bn pension fund for general practitioners. DPFS was taken over by the €188bn asset manager PGGM in 2013. Wong started at DPFS as senior portfolio manager in 2008 after two years as senior investment manager at PGGM. Between 1996 and 2006, he served as controller, senior performance analyst and fund manager at the €110bn asset manager MN.
Universities Superannuation Scheme – Guy Coughlan has joined the multi-employer defined benefit (DB) scheme for the UK higher education sector as chief financial risk officer. He joins from Pacific Global Advisors. The newly created position will see Coughlan manage the integration of the scheme’s risk management strategies, and develop and oversee its funding strategy. Coughlan joined the scheme as a trustee in January and chairs its risk committee. He also spent 17 years at JP Morgan, where he left as head of pensions advisory for Europe.
Syntrus Achmea – Fiduciary management guru Anton van Nunen has left his job as director of the Strategic Pensions Management (SPM) division at Dutch pensions provider and asset manager Syntrus Achmea. Johan Cras – who has had joint responsibility for fiduciary advice since October 2012 – has now taken on Van Nunen’s position. Van Nunen is to relaunch his consultancy, which he quit following his appointment at Syntrus to avoid conflicts of interest.
PME – The €40bn pension fund for the Dutch metal industry has appointed Eric Uijen as chief executive. He is to succeed Hans van der Windt, who is to retire on 1 July. Currently, Uijen is director of the notaries scheme SNPF, which is preparing a merger with the pension fund for notaries’ staff in the Netherlands. At the same time, he is chairman at SBZ, the industry-wide scheme for care insurers.
Momentum Investment Solutions & Consulting – The company has been appointed to act as the CIO for Lloyds Bank’s pension schemes. Richard Cooper, head of Momentum ISC, will become the CIO for the pension schemes during the term of the appointment and lead the teams responsible for the management and oversight of the investment of the group’s pension scheme assets. Before joining Momentum in August 2014, Cooper was at Mercer for 20 years, where he was a senior partner in the Investment Business.
Amundi – Two senior fixed income portfolio managers have been added to the London-based Global Fixed Income team. Myles Bradshaw, head of global aggregate strategies, joins from PIMCO, where his main focus was European macro strategy. David Ric, head of absolute return strategies, joins from BlackRock, where he was responsible for rates strategies across institutional total return G10 currency, euro and sterling-denominated portfolios.
Newton Investment Management – Henrietta Jowitt and Susan Noble have been appointed independent non-executive directors to the board. Noble has more than two decades of experience as an investment management professional, including key roles at Robert Fleming Asset Management and Goldman Sachs Asset Management. Jowitt has held a number of senior marketing roles within the financial services industry, with stints at private equity house Advent International Corporation and global asset manager Schroders.
Erste Asset Management – Stepan Mikolasek has been appointed head of equity. He was member of the board and CIO at Investiční společnost České spořitelny, the Czech investment company of the Erste Asset Management group. He will be in charge of the newly created equity management team of Erste Asset Management. At the same time, Peter Szopo will become head of the equity team in Vienna and chief equity strategist.
Polaris Private Equity – The Danish/Swedish lower mid-market private equity investor has appointed two new members to its team. Martin Lindh joins as investment manager from SEB, while Thorsten Madsen, who also joins as an investment manager, was previously with Implement Consulting Group.
Schroders – Dan McFetrich has been appointed as a global sector specialist within the Global & International Equities Team. He joins from Fidelity Worldwide Investment, where he had worked since 2008 as senior industrials analyst. Before then, he held roles at Dresdner Kleinwort and Nomura Asset Management.
Meketa Investment Group – Timothy Atkinson has been appointed senior vice-president. Atkinson, who joined Meketa in 2008, was previously based in the firm’s Boston office. He joins the London office to perform manager due diligence across the EMEA, specialising in credit and other debt strategies.
Skagen Funds – The Norwegian fund manager has appointed Sophie Brodie as communications manager for its UK business. She joins from Jupiter Asset Management, where she worked for seven years as investment communications manager.
Stanhope Capital – Edward Clive, a senior director within the firm’s investment research department, has been appointed head of private funds. He previously worked at Lazard and Vantage Group, and has been with Stanhope for five years.