People – Page 213
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News
Paris heads Standard Life's global fixed income
UK- Standard Life Investments has appointed Rod Paris as head of global fixed income. Paris joins from Merrill Lynch Investment Managers where he held the same position. He will be responsible for the UK, Euro and overseas bonds, including corporates.
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BNP Paribas to launch UK custody and clearing
UK- BNP Paribas is to launch custody and clearing services in the UK later this year. The bank says preparation is well underway but that it is awaiting the relevant regulatory approval. A preliminary date is late summer, perhaps in August or September.
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Northern Trust names new product development head
UK- Northern Trust Global Investment Europe has appointed Andrew Edgington as director of product management and development. In the new role he will work with chief operating officer Nick Ring and product manager Chris Turpin in developing new investment products as well as overseeing the existing product range.
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Brennen to replace Bolsover as CEO at Baring AM
UK – David Brennan has been appointed chairman and chief executive of London-based Baring Asset Management (BAM) with effect from July. He will replace John Bolsover who is retiring after 27 years with the firm.
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Clemeur replaces Brasseur at Belgian association
BELGIUM – The Belgian Association of Pension Funds in Brussels has appointed Hugo Clemeur as general secretary, replacing Leon Brasseur, who decided last week to leave the association to concentrate on developing his career directly within the pensions industry.
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Hermes appoints new head of private equity
UK – Hermes Pensions Management has appointed Rod Selkirk as head of private equity, replacing Robert Padgett who will take full retirement later this year. Selkirk, who has over 20 years experience in private equity, joins from Bridgepoint Capital, where he was managing director and member of the executive and ...
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Polish pensions and insurance regulators merge
POLAND- Poland has merged its pensions and insurance regulators to create a “one-stop” financial services supervisor.
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Lombard Odier names new international equity CIO
LONDON- Lombard Odier is appointing Fabrizio Pierallini as chief investment officer for international equities. In his new role, Pierallini will head the international equity team and will be responsible for the link between London and the firm’s country and sector analysts and managers in Geneva, Zurich and Hong Kong.
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DKW enters agency lending after Deutsche poach
UK/US/GERMANY – Investment banking group, Dresdner Kleinwort Wasserstein, part of the Allianz group, has poached three senior salesmen, Tim Smollen, David Martocci and Robert Boyd, from Deutsche Bank to help it penetrate the agency securities lending business.
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Fidelity names head of UK/European fixed income
UK- Fidelity Investments has appointed Martin Hall as executive director of fixed income, a job in which he will be responsible for the group’s UK and European fixed income. Hall is to work closely with head of fixed income investment Andy Jenkins in developing Fidelity’s business.
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Gartmore enters Spain with new Madrid office
SPAIN- Gartmore has recruited Victoria Huerta from Royal Sun Alliance Investment Management as head of its first office in Spain, due to open later this month.
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Beaver and Edmans join Opra board
UK – The Occupational Pensions Regulatory Authority (Opra) has appointed Wendy Beaver and Laurie Edmans as members of its board with effect from April for one year, replacing John Bowman and Sue Ward whose one-year term of office has expired.
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Hallman new ABN AMRO Mellon head of European sales
UK – Keith Hallman has been promoted to the position of head of European sales for ABN AMRO Mellon, the global custody services joint venture for operations outside North America.
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Royal London recruits Spiller as head of DC
UK- Royal London Asset Management has appointed Susan Spiller head of defined contribution sales as part of a move by the group to increase the volume of assets under management from defined contribution clients.
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Aberdeen names Nielsen head of new Danish venture
DENMARK- Aberdeen Property Investors is expanding into the Danish market and has recruited Tonny Nielsen to head the Copenhagen office it is opening next month.
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Hermes appoints business development manager
UK – Hermes Focus Asset Management (HFAM), has appointed Corinna Arnold as business development manager international. Arnold, who will be based in London, will concentrate on co-ordinating international institutional support for HFAM in relation to its various shareholder engagement programmes, whereby HFAM invests in underperforming stocks.
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SEB names new head of investment management
SWEDEN – Stockholm-based SEB Asset Management has appointed Johan Magnusson as head of investment management, with effect from May.
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Goldmans poach Langensjö from Wassum
UK/SCANDINAVIA – Goldman Sachs Asset Management has appointed Mats Langensjö as executive director in charge of its Scandinavian institutional business development.
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SEI names head of third party distribution Europe
UK/EUROPE- Multi manager SEI has appointed Alejandro Kerschen as managing director of European partnerships, responsible for SEI’s third party distribution in Europe. Kerschen will report to Joe Ujobai, managing director of SEI’s business in Europe
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Hewitt opens retirement practice in Portugal
PORTUGAL- Consultant Hewitt Associates is establishing a new retirement and financial management department at its Portuguese office that will provide actuarial and employee benefit and investment services to Portuguese companies.
