People – Page 229
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JP Morgan recruits Mercer institutional specialist
UK – JP Morgan Investor Services has appointed former Mercer institutional specialist, Richard Dinham, as an investment consultant, in a bid to boost the group’s Europe, Middle East and Africa performance, analytics and consulting division...
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Fund derivatives growth prompts Dresdner hire
UK – Mehraj Mattoo has been appointed as a director in the Alternative Investments Group (AIG) at Dresdner Kleinwort Wasserstein, the investment banking arm of Dresdner Bank, a hire that the group says reflects the speed in growth of demand for fund derivatives....
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Robeco stays in-house for new chairman
NETHERLANDS - Géry Daeninck has been promoted to chairman of Dutch investment manager Robeco Group’s executive committee...
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Deutsche appoints D'Amore to drive Italian sales
ITALY – Gennaro D’Amore has joined Deutsche Asset Management’s Rome office as vice president of institutional sales in the bank’s effort to expand business in the country...
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Bourgi becomes European business head at JP Morgan
EUROPE – Ramy Bourgi has been appointed business executive for Europe, Middle East and Africa (EMEA) at JP Morgan Investor Services...
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Northern snaps up Kinney as multi-manager director
UK – Michael Kinney, a former head of research at consultant Bacon & Woodrow, has been brought on board by Northern Trust to become director of its multi-manager affiliate, Northern Trust Global Advisors (NTGA)...
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Goldman appoints UK institutional business head
UK – Oliver Bolitho has been appointed as executive director responsible for UK institutional business development at Goldman Sachs Asset Management...
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Latvia adopts PPM type system for second pillar
LATVIA – The Latvian national second pillar pension plan will be launched on July 1, with a little help from the Swedes. Consultant KPMG’s Stockholm office is developing a PPM-type system to be included in the Latvian State Social Insurance Agency’s (SATUR) structure...
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Karas summons Bolkestein to explain tax position
EUROPE - Othmar Karas, European Parliament rapporteur for the occupational pensions directive, says he is to invite European Commissioner Frits Bolkestein to address Parliament over delays in the presentation of proposals for a directive on taxation and to explain suggestions that the Commission will now seek to dilute the initiative ...
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Northern Trust scoops International Equity mandate
USA – The California based Kayne Anderson Rudnick Investment Management has appointed Northern Trust Global Fund Services Practice to provide global custody, fund accounting and short-term cash management services to its new limited liability company, International Equity Fund...
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ASINTA extends global consultancy network
Global consulting network, ASINTA has appointed two new business partners, Gissings for the UK and Clearpoint for the US....
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Russell seeks value in weak market
US/EUROPE – Frank Russell has appointed Boston based MFS Institutional Advisors and New Jersey firm Systematic to manage large cap value briefs worth $1.25bn (e1.4bn) and $200m respectively within its multi-manager portfolio range...
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Schroder signals DC growth with new signings
UK - Schroder Pensions has made of raft of new appointments in response to growth in its UK defined contribution (DC) business....
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Royal Trust beefs up European sales presence
EUROPE - Royal Trust Global Securities in London has expanded its European sales team by appointing two new directors of business development... And all this weeks major European people moves
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AXA appoints head of German institutional sales
GERMANY - Alexandra von Kalnein has been appointed as head of German institutional sales at AXA Asset Managers...
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Commission named for IR£5bn reserve fund
IRELAND – Minister for finance, Charlie McCreevy, has appointed the commission that will oversee management of the IR£5bn (e6.35bn) National Pensions Reserve Fund...
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Dyson quits Mercer for top Merrill spot
UK – Andrew Dyson, the former head of US multinational investment consulting at consultant William M. Mercer, has been appointed head of institutional marketing at Merrill Lynch Investment Managers...
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Bacon & Woodrow bolsters DC team
UK – Consultant Bacon & Woodrow has made a slew of new appointments to its defined contribution (DC) pensions practice, as part of a restructuring plan of its employee benefits division...
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PIMCO strengthens Benelux position
Marc van Heel has been appointed senior vice president and director of business development for the Netherlands and Belgium at PIMCO. And other moves of note.
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Helsinki Exchanges acquire Estonian bourse
ESTONIA FINLAND – Helsinki Exchanges Group (HEX) is buying a majority share in the Tallinn Stock Exchange (TSE) and extending its operational trading system to the Estonian bourse.