Coats – John Lovell has been appointed group pensions director at the UK textiles business as it and parent company Guinness Peat face regulatory scrutiny for allegedly underfunding its pension schemes. Lovell joins from Sainsbury’s , the supermarket, where he was head of pensions. Guinness Peat has been served an official warning notice by the UK Pensions Regulator (TPR) for providing insufficient resources to the Coats Pension Plan and said it may issue a financial support direction against the company. Lovell takes over management of the scheme and will be responsible for pensions strategy at Coats and Guinness Peat, and delivering this with trustees. Lovell’s previous experience includes director of pensions at Lafarge UK and pensions manager at National Grid .
Unigestion – Rudyard Ekindi has joined the Swiss asset manager as head of investment solutions in its equity team. Ekindi was previously director of investment research at the National Employment Savings Trust (NEST), the UK defined contribution (DC) master trust. He has also been head of asset allocation at Credit Suisse Asset Management . Ekindi will report to Alexei Jourovski and work on developing Unigestion’s products.
Insight Investment – David Hiller has been appointed a portfolio manager in its multi-asset team. Hiller joins from Aviva Investors , where he was an economist within its multi-asset department, and has prior experience working for Barclays Capital as chief UK economist. He will report to Matthew Merrit .
M&G Investments – John Mayhew has joined the asset manager as head of infrastructure finance within its institutional fixed income team. He joins from Erias Finance , an infrastructure advisory firm founded by Mayhew in 2009. He will report to Simon Pilcher and lead a six-person team focusing on sourcing original project finance and infrastructure debt deals.
RBC Global Asset Management – Nicole Vettise has been appointed as an institutional portfolio manager in the London team and serve as a capability specialist for the emerging markets equities team. Vettise joins from JP Morgan Asset Management , where she was lead client portfolio manager for its natural resources strategies and global thematic equity funds. She previously held roles at Credit Suisse Private Banking , Fleming Asset Management and Jardine Fleming .
Tikehau Capital – Jean-Pierre Mustier has joined the alternatives asset manager as a partner, based in London. Mustier will focus on international expansion and supporting previous business. Mustier comes from a corporate and investment banking background, mainly at French bank Société Générale . He also worked at UniCredit as a deputy manager for corporate and investment banking.