People – Page 157
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News
Cerulli international chief Phillips moves on
GLOBAL – Benjamin Phillips, international managing director of research and consulting firm Cerulli Associates, has left to join Putnam Lovell NBF Securities’ financial institutions group.
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PGGM names Overmeer to investment board
NETHERLANDS – Dutch health care sector pension fund PGGM has named Jan Overmeer to its three-strong investment board committee.
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Ex-State Street SVP Cassidy joins Cambridge
US – Charles Cassidy, a former senior vice president of marketing at State Street, has joined investment consulting firm Cambridge Associates.
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AXA IM Paris chief joins Robeco
FRANCE – AXA Investment Managers Paris chief executive, Jean-Louis Laurens, has been appointed head of Robeco France from 1 February 2006.
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Ex NAPF chief named to BESTrustees board
UK – Peter Thompson, former Mercer HRC worldwide partner and ex-National Association of Pension Funds (NAPF) chairman, has been appointed to the board of BESTrustees as director.
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Awareness campaign launched on new securities
EUROPE - Four European institutions have launched an awareness campaign to prepare issuers and their agents for a new legal and holding structure for international debt securities, which will be launched from the end of June.
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Investec appoints Hau in German sales
GERMANY – Investec Asset Management has appointed former Bank of Ireland Asset Management Europe head Robert Hau as senior salesperson in Germany.
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ABN Amro appoints EAFE chief
UK – ABN Amro Asset Management has appointed Andrew King as the new head of Europe, Australasia and Far East (EAFE) portfolio management and head of North American equities.
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Harcourt Partners changes name
SWITZERLAND – Harcourt Partners SA, a Geneva-based fund of hedge funds boutique, has changed its name to Peak Partners.
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WM names Van Boeijen as relationship manager
NETHERLANDS – WM Performance Services has appointed Rob van Boeijen as senior relationship manager.
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Brent €220m mandate goes to Mellon
UK – Mellon Global Investments, the international distribution subsidiary of Mellon Financial Corporation, has been awarded a currency overlay mandate for a £150m (€220m) overseas portfolio by the London Borough of Brent pension fund.
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Aon gains £436m Weir Group pension scheme mandate
UK – Aon Consulting has been appointed pension fund administrator to Glasgow-based global engineering company The Weir Group’s defined benefit pension scheme, amounting to £436m (€638m).
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Zurhorst joins SWIP from DrKW
EUROPE – Scottish Widows Investment Partnership (SWIP), the asset management arm of the Lloyds TSB group, has named Peter Zurhorst as head of its business in northern Europe with specific responsibility for expanding institutional business in Germany.
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SAM names chief executive
UK - Syndicate Asset Management (SAM), the £1.3bn (€1.9bn) AIM-quoted fund specialist group, has appointed Michael Campbell-Birkett as group chief executive officer with immediate effect.
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Germany’s Faros hires another FERI consultant
GERMANY – Faros Consulting, a two-year-old investment advisor for institutional clients, has hired another consultant from rival FERI.
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New UK consultant Penfida to focus on trustees
UK – A group of former investment bankers at Lazard have set up a consulting firm to focus on advising pension fund trustees.
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MN Services names Mutsaers to board
NETHERLANDS – Dutch fiduciary manager MN Services has appointed Walter Mutsaers to its management board from 1 February 2006.
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Berkemeijer takes top role at Mercer Netherlands
NETHERLANDS – Jos Berkemeijer, Mercer Human Resource Consulting Netherlands’ commercial director, has been appointed chairman to replace Frank Verschuren.
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NIB Capital’s Tielman joins Cordares
NETHERLANDS – Jeroen Tielman, the founder of FundPartners and the current director of pension business development at NIBC Bank, is to join pension management firm Cordares in a senior role.
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PGGM’s Prins takes over at OPF
NETHERLANDS – Frans Prins, public affairs director at health care scheme PGGM, has been appointed as the new director of the Dutch company pension fund association OPF.