Global - Abu Dhabi Investment Authority, Kames Capital, Northern Trust, PIMCO, Schroders, State Street, Züricher Kantonalbank

Abu Dhabi Investment Authority - Benjamin Weston, former chief executive of Merrill Lynch Alternative Investments, has departed as head of Helvetia Wealth Management Partners and joined the Middle Eastern investment authority as global head of alternative investments.

Kames Capital - The rebranded UK arm of Aegon Asset Management has promoted Peter Shaw to joint fund manager for its UK Equity Fund. Shaw currently is joint manager with Audrey Ryan on the company's UK Opportunities Fund and oversees the UK Equity High Alpha Fund. He will assume his new position in the new year.

Northern Trust - Struan Malcolm has been appointed head of asset servicing sales for the Nordic region, returning to the company after some time at Nomura. He will work from the company's Stockholm office, which opened two years ago.

PIMCO - The company has boosted its London office with the appointment of Vasat Naik as executive vice-president (EVP) and global head of empirical research, while Riccardo Rebonato has also been named EVP and head of rates and FX analytics. Both will report to managing director Ravi Matti. Naik has previously worked as head of fixed income research at Nomura International, while Rebonato was previously head of front-office risk management at RBS Global Banking & Markets.

Schroders - Carlos Böhles has been promoted to head of institutional business for Germany and Austria, overseeing a four-man strong team. Prior to joining Schroders in 2008, Böhles worked for both Merrill Lynch and Lehman Brothers investment banking divisions and was Merrill's director of European equity for seven years.

State Street - Paul McLaughlin is to head up State Street's alternative investment solutions team in Guernsey, moving from BNY Mellon, where he spent the last decade. McLaughlin was most recently head of alternative investment servicing of funds of funds and private equity for the EMEA region.

Zürcher Kantonalbank Austria - Former managing director of Oppenheim Asset Management Christian Nemeth has joined as head of asset management and chief investment officer. Prior to his time at Oppenheimer, Nemeth was chief investment officer of the private wealth department at Deutsche Bank Austria and has spent a number of years in both institutional and private wealth asset management.