Wednesday people roundup
Pensionskassen for Farmakonomer, Avida International, Capital Group, River and Mercantile Group, JP Morgan Asset Management, Buck Consultants at Xerox, Duke Street, AXA Investment Managers, Invesco Perpetual
Pensionskassen for Farmakonomer – Susanne Engstrøm is stepping down from her position as chairman of Denmark’s Pensionskassen for Farmakonomer, the pension fund for pharmaceuticals experts. She will be replaced by Jesper Hjetting, who, like Engstrøm, is a nominee from the industry association behind the pension fund – Farmakonomforeningen, the Danish Association of Pharmaconomists (pharmaceuticals experts). The pension fund said Engstrøm had decided to give up the role after many years of duty. Her term as chairman of the association ended last November, and her term as chairman of the pension fund was due to end this spring. Hjetting is already familiar with the pension fund, since he is currently a board member with insurance expertise, the association said.
Avida International – Don Ezra is to join the advisory board. He recently retired as co-chair of global consulting for Russell Investments worldwide. Ezra is lecturer at the Board Effectiveness Program for Pension and Other Long-Horizon Investment Institutions of the Rotman International Centre for Pension Management. He is also a fellow of the American Savings Education Council and a member of advisory board of the World Pension Summit.
Capital Group – Fabian Wallmeier has been appointed to the newly created position of institutional director for Switzerland. Based in Zurich, he will be responsible for institutional client relationship management and business development across the whole of the country. He joins from Fidelity, where he was a director and head of institutional business for Switzerland. Before then, he was responsible for DB Advisors’ institutional sales in the country.
River and Mercantile Group – James Barham has been appointed global head of distribution, while Jenny Yoe will be joining as managing director and head of UK institutional in April 2015. Yoe was most recently a director focusing on distribution to UK institutions for AMG in London. Meanwhile, Arabella Townshend, who joined R&M in 2010, has been appointed as head of consultant relations and will be responsible for developing relations with investment consultants in the UK.
JP Morgan Asset Management – Jonathan Griggs has been appointed director of applied research for the Global Fixed Income, Currencies and Commodities Group. Griggs, who will be based in London, rejoins JPMAM after spending more than a year at Rogge Global Partners, where he served as senior portfolio manager. Before then, he spent 14 years at JPMAM, where he was most recently CIO for Currency Management.
Buck Consultants at Xerox – William Parry has been appointed as an investment consultant, focusing on advising UK defined benefit and defined contribution clients. Parry has been advising companies and pension fund trustees on their investment strategies for more than five years, joining Buck Consultants from Lane, Clark and Peacock LLP.
Duke Street – The private equity firm has appointed Stuart McMinnies as a partner. He joins from 3i, the international private equity, infrastructure and venture capital investor, where he was a senior partner.
AXA Investment Managers – Monique Diaz has been appointed global head of compliance, based in Paris. She was previously AXA IM’s head of compliance in France.
Invesco Perpetual – Asad Bhatti has been promoted to deputy fund manager on Invesco’s High Yield Fund. He joined the company in 2002 as a fixed interest credit analyst before progressing to senior analyst.