People – Page 149
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Myners joins Land Securities as chairman
UK – Paul Myners, the former Gartmore chief who wrote an influential report on institutional investment for the government, is to join real estate firm Land Securities as chairman.
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SSGA Nordic chief de Greef joins Acadian
EUROPE - Laurent de Greef, head of marketing and business development for Nordic and Southern Europe at State Street Global Advisors, has joined Acadian Asset Management to run its new London office.
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Dutch pension fund members get more say
NETHERLANDS – The Dutch government is to amend the current Pension Law proposal to include a legal basis for pension fund members to have a role in the management of funds.
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New MD at Belgian broadcast pension fund VRT
BELGIUM – Hugo de Vreese, chief executive of the €374m Pension Fund for Statutory Personnel of Flemish public broadcaster VRT, has stepped down to be succeeded by Willy Wijnants.
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HSBC nabs Russell's Glaze for manager research
GLOBAL - HSBC Investments says it has hired Russell Investment Group's Philip Glaze as its global head of manager research, a new role.
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Oppenheim asset chief Borgmeier quits for rival
GERMANY – Bernd Borgmeier, co-head of Sal. Oppenheim’s asset management arm, has stepped down to join rival M.M. Warburg.
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Dutch finance regulator to leave early
NETHERLANDS – Arthur Docters van Leeuwen, chairman of market and pensions regulator De Autoriteit Financiële Markten, may leave his post earlier than expected to pursue a political career.
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Activest CEO Fehrenbach resigns
GERMANY – Andreas Fehrenbach, chief executive of German asset manager Activest, has resigned to make room for Dominik Kremer, the German head of Pioneer Investments, as part of Pioneer’s full absorption of Activest this autumn.
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Hewitt’s Nilsson joins Sweden’s KP Pension
STOCKHOLM – The SEK50bn (€5.4bn) Swedish co-operative pension foundation KP Pension & Försäkring says it has hired Hewitt Associates consultant Björn Nilsson as its new head of marketing.
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NAPF CEO Farnish quits for Barclays role
UK – Christine Farnish, chief executive of the National Association of Pension Funds (NAPF), will step down at the start of October to become public policy director at Barclays.
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London Pensions Fund Authority names new CEO
UK – The £3.5bn (€5bn) London Pensions Fund Authority has appointed Mike Taylor to take over from Peter Scales as chief executive.
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Bank of Ireland AM re-jigs investment structure
IRELAND – The Bank of Ireland Asset Management today announced a new investment business structure with the appointment of three managing directors – including former ABN Amro research head Chris Johns - to take over from outgoing chief investment officer Chris Reilly, who will retire next year.
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MLIM nabs SSGA’s O’Carroll
UK – Eilín O’Carroll, European product management head at State Street Global Advisors, has left to join Merrill Lynch Investment Managers’ product development team.
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SSGA sets up absolute returns trust company
GLOBAL – State Street Global Advisors says it is boosting its offering in the absolute return area with a new limited purpose trust company, various hires and a new licensing agreement.
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GSAM to get a third of PPF levy funds
UK – The Pension Protection Fund, the government’s pensions lifeboat, will assign roughly a third of its £140m (€205m) in initial levy funds to Goldman Sachs Asset Management, according to the PPF’s Business Plan 2006/2007.
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Kosovo fund names two asset managers
KOSOVO – The Kosovo Pensions Savings Trust (KPST) has appointed Schroders and ECM as fixed income managers.
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Maher steps down as Pensions Board CEO
IRELAND – Anne Maher is due to step down resign as chief executive of Irish pensions regulator the Pensions Board after 10 years in the role.
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UK trustee code goes to Parliament
UK - The Pensions Regulator's code of practice on member-nominated trustees has been laid before Parliament.
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New commercial director at MN Services
NETHERLANDS - Bernard van de Ven has taken over from Pieter Kiveron as commercial director at Dutch pension servicing company MN Services.
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PGGM names head of responsible investments
NETHERLANDS - Marcel Jeucken has been appointed head of responsible investments at PGGM, the €74bn scheme announced.