Wednesday people roundup
GLOBAL - PME, Russell Investments, UWW, Coal Pension Trustees Investment, Jupiter Asset Management, Fidelity
PME - Joos Nijtmans has been appointed team manager for policy advice and actuarial services for the €29bn Dutch metal scheme PME at asset manager and pensions provider MN, as of 1 June. Nijtmans joined from pensions provider Syntrus Achmea, where he was manager of its competence centre for five years. Earlier, he was a senior policy adviser at the Association of Industry-wide Pension Funds (VB).
Russell Investments - Patrick Lajoinie has been appointed managing director of institutional at Russell Investments France, which was launched in April. Lajoinie most recently spent 10 years with Lombard Odier Darier Hentsch, where he developed institutional asset management business in France. He was previously head of institutional clients at Fortis Investment France, and started his career at BGP (Credit Agricole) and then at Palatine AM (ex-Banque Sanpaolo).
UWW - The pension fund of UWV, provider of workers insurance, has appointed Peter Ploegsma as its new chairman, succeeding Jacques Hylkema. Ploegsma is also chief financial officer at UWV. The UWV scheme has also appointed Marcel Snijders as head of its pensions bureau, succeeding Joost de Winter.
Coal Pension Trustees Investment - The £20bn (€25bn) in-house investment arm of the UK's closed coal industry pension schemes is to expand its in-house investment team by creating the new role of head of portfolio construction. This follows the promotion of Stefan Dunatov to chief investment officer earlier this year. CPTI is also seeking a new head of investment strategy following Dunatov's promotion.
Jupiter Asset Management - Miles Geldard has been appointed head of the combined fixed interest and multi-asset team. John Hamilton, who has headed fixed income since 1991, will leave later in the year as he intends to "scale down" his activities. Hamilton's departure comes after almost 25 years at the group.
Fidelity - Alex Wright has been appointed manager of Fidelity Special Values fund. The board said the move would allow the company's current portfolio manager, Sanjeev Shah, to focus on the open-ended Fidelity Special Situations fund. The change is effective from 1 September.