NSN Pension Trust, Now Pensions, UBS Asset Management, Kempen Capital Management, BNP Paribas Investment Partners, Universal Investment

NSN Pension TrustAmin Obeidi is to succeed Thomas Friese as head of global head of pensions at Nokia-Siemens Network, after the latter announced his retirement effective 1 September. However, Friese will remain at NSN as chairman of the €1bn NSN Pension Trust.

Now Pensions  – Troy Clutterbuck is to join the UK master trust as CFO. Clutterbuck previously worked at JLT Group where, during his 15 years at the firm, he was CFO UK employee benefits and, more recently, regional CFO for Latin America and Canada. In his new role, he will join the pension provider’s commercial board.

UBS Global Asset Management  – Tim van Duren joined the asset manager as executive director, institutional sales Benelux and Denmark at the beginning of August. Previously, Van Duren, worked in Amsterdam, Londen and Zurich in several institutional sales and product management positions for Schroders, most recently as product manager insurance-linked securities.

Kempen Capital ManagementGijs Spijkers has been named fiduciary manager at Kempen. Spijkers is to focus on fiduciary services for Dutch pension fund clients. He joins from risk manager Cardano, where he was client director as well as advisor on balance risks.

BNP Paribas Investment PartnersClaus Hecher is set to join as head of business development for Germany, Austria and Switzerland, responsible for growing BNP Paribas’ index fund and ETF business. Hecher previously ran his own consultancy, Delta One, launched in 2013 after he left Natixis Global Asset Management, where he was distribution manager for Ossiam’s ETFs. Hecher has also worked at Bear Stearns, Deutsche Bank and BlackRock.

Universal InvestmentMarc-Oliver Scharwath has been promoted to managing director for the company’s Luxembourg business. Scharwach joined Universal’s Luxembourg business in 2012 as head of legal after several years at local law firm Hauck & Aufhäuser.