GLOBAL - Strathclyde Pension Fund, Railpen Investments, Union Bancaire Privée, Prime Rate Capital Management, Six Group, FirstPensons Analytics, GE Capital Real Estate.

Strathclyde Pension Fund - James McNally has been replaced as chairman of the trustees at the Glasgow-based local authority pension fund. Councillor Philip Braat is his replacement as convener of the Strathclyde Pension Fund Committee, in what officials say was "a reshuffle" of responsibilities.

Railpen Investments - Frank Johnson, managing director, has restructured the team. Keith Shepherd has been appointed chief investment officer, while Paul Jeffries and Richard Moon have been promoted to the roles of investment manager. Justyna Jonska has joined the investment management team as investment analyst and Joyce Martindale is now head of investment implementation and change. Ciarán Barr has also recently been appointed as chief economist/senior strategist. And two new roles as chief risk officer and head of client investment services have been created but suitable candidates are still being sought.

Union Bancaire Privée - Eli Koen and Mathieu Nègre have been hired as co-heads of
emerging european equities. They joined from Fortis Investments.

Prime Rate Capital Management - James Craigen has joined as a portfolio manager, having previously been head of money markets at Gulf International Bank. He will report to senior portfolio manager, Gary Skedge.

Six Group - Ursula La Roche-Ender, head of finance and risk and CFO, is leaving the company at the end of September 2010 "to take on a new challenge".

PensionsFirst Analytics - Nick Francis has joined as a director of product development to lead the development of PFaroe, after spending 17 years running consulting firm Sentient. He will be accompanied by Matthew Seymour, who is also a director of product development, having previously been CTO at FundWorks.

GE Capital Real Estate - François Trausch has been promoted to chief executive officer for the firm's Asia-Pacific division. Having previously been head of Western Europe at the firm, he will now be based in Tokyo.

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