People – Page 179
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News
UBS hires BNP Paribas’ Calchi in Italy
ITALY – UBS Global Asset Management has hired BNP Paribas institutional sales manager Roberto Calchi in a bid to strengthen its position in the Italian institutional market.
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Mellon Global names head of UK pooled funds
UK - Mellon Global Investments has hired Ian Harvey as head of UK pooled funds, a new role.
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UK expects to be fully compliant with directive
UK – The UK says it expects to be “fully compliant” with the European occupational pension directive by its deadline next year.
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BNP Paribas hires Summonte for German custody sales
GERMANY- BNP Paribas Securities Services has appointed Deutsche Bank ‘s Angela Summonte as senior sales manager to its International Investor Services’, IIS, sales desk.
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Mellon Global names head of consultant relations
UK - Mellon Global Investments has named William Battersby as head of consultant relations, reporting to Pauline Stuart, head of institutional business in Europe.
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UK’s Durham appoints actuary, seeks advisers
UK - The 850 million-pound (1.23 billion-euros) Durham County Council Pension Fund has appointed Hewitt Bacon & Woodrow as scheme actuary and says it is looking for advisers.
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UBS boosts UK corporate pension fund sales
UK – UBS Global Asset Management has hired Howard Nowell from KPMG as director of institution corporate marketing in the UK.
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UK electricity scheme transfers staff to BoNY
UK - The 18 billion-pound (26.8 billion-euro) Electricity Supply Pension Scheme has widened its mandate with the Bank of New York, in a deal which will see up to 15 staff transfer to the bank.
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FundPartners consultant joins State Street arm
EUROPE - State Street's Princeton Financial Systems says it has hired a consultant from Netherlands-based pensions consulting firm FundPartners.
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ADAM Nordic sales head joins Martin Currie
EUROPE – Martin Currie says it has hired Allianz Dresdner Asset Management’s head of Nordic sales, Simon Barrett.
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Towers Perrin sees “massive" DC move
UK – Consulting firm Towers Perrin says there has been a “massive migration” to defined contribution schemes in the UK.
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Comet appoints Punter Southall as consultant
UK - Punter Southall & Co says it has been appointed as actuaries and consultants to the 100 million-pound (149 million-euro) pension fund of retailer Comet Group.
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State Street names Europe client services head
UK – State Street Corp. has named Wade McDonald as head of client services in Europe and the UK.
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T-Mobile awards actuarial consulting to Mercer
UK – Mercer Human Resource Consulting says it has been appointed to provide actuarial consulting services to the pension scheme of mobile phone firm T-Mobile.
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Hammonds names senior pensions solicitor
UK - Law firm Hammonds says it has appointed Clifford Sims as senior pensions solicitor.
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Channel Islands: BWCI partner Benjamin retires
CHANNEL ISLANDS - Rodney Benjamin, a partner of the Channel Islands-based actuaries and consultants association BWCI Group, has retired.
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Real estate firm EC Harris hires Lane Clark
UK - Real estate consultancy EC Harris has hired Lane Clark & Peacock to provide actuarial, investment and pension administration services to the group’s closed defined benefit pension scheme.
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New Belgian pension consulting firm names MD
BELGIUM – Carl Haeck has been appointed managing director of the newly formed Akkermans Stroobants & Partners, based in Antwerp, as from July 1.
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Sweden’s AP1 raises currency exposure to 20%
SWEDEN - The 139 billion-crown (15.2 billion-euro) Swedish buffer fund Första AP-fonden says it has raised the currency exposure in its strategic benchmark to 20%, from 15% previously.
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Watson Wyatt LLP appoints 14 new partners
EUROPE - Watson Wyatt LLP says it has promoted 14 European associates to partner.