People – Page 185
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News
Hult leaves as Carnegie AM splits from private banking
SWEDEN – Bertil Hult, head of Carnegie Asset Management and private banking will be leaving following the separation of the two business areas.
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HSBC AM recruits Mellon's Cookson
UK – HSBC Asset Management in the UK has appointed Colin Cookson as head of business development for the Group’s corporate and institutional client base.
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Stork names new MD to replace fired Van Gastel
NETHERLANDS – The 1.5 billion-euro Stork pension fund has appointed a new managing director.
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WM Co. names new UK managing director
UK – State Street’s performance measurement division WM Co. has appointed Michael Walsh of HSBC as its new UK managing director.
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Baring AM hires Kiddie as Walker retires
UK - Baring Asset Management has hired David Kiddie, former head of equities at Rothschild Asset Management.
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CSAM adds Francis to UK equity team
UK – Credit Suisse Asset Management has expanded its UK equity team with the appointment of Errol Francis.
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Northern in M-o-M talks with Dutch, German banks
EUROPE – Northern Trust Global Investments says it is in manager-of-manager distribution talks with Dutch and German banks.
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Bank of New York names new Europe chief
EUROPE – The Bank of New York has named Timothy Keaney to take over from Jeffrey Tessler as head of Europe.
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Handelsbanken creates new role of pensions head
SWEDEN – Handelsbanken has created a new role as head of pensions and insurance business.
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Standard AM hires 3-strong Invesco bond team
UK – Standard Asset Management has added to its emerging market bond team, hiring three of Invesco’s emerging market bond team.
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CSAM boosts Swiss real estate team
SWITZERLAND – Credit Suisse Asset Management’s Swiss arm has named Werner Richli a senior research analyst for real estate.
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Baring AM hires Edgington as product head
UK – Baring Asset Management has hired Andrew Edgington from Northern Trust Global Investments to be head of product development.
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Ex-DeAM pension head MacIntyre joins Pareto
UK – Desmond MacIntyre, the former head of Deutsche Asset Management’s European pensions strategy group, has popped up at Pareto Partners in London.
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Sweden’s AP3 names de Neergaard as chairman
SWEDEN – Claes de Neergaard has been appointed as the new chairman of the third Swedish national pension fund, Tredje AP-fonden or AP3.
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Alternatives group Fortress expands into Germany
GERMANY – US alternative investment firm Fortress Investment Group is expanding into Germany, appointing Matthias Moser to head up the move.
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Gartmore names top currency manager
UK/NORDIC – Gartmore Investment Management has appointed Cameron Crise as senior investment manager in its currency team.
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State Street names pension accounting head
UK – State Street has appointed Jerry Neudegg as head of its pensions accounting team in London, a new role.
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Actuarial firm Morgan joins Milliman network
EUROPE - Actuarial firm Morgan Consulting has signed an agreement to become a Milliman Global member.
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PWC hires from Mercer, Towers Perrin
UK – Consulting firm PricewaterhouseCoopers has made six human resources appointments, including new hires from Mercer and Towers Perrin.
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P&G’s UK fund retains State Street for custody
UK – The 450 million-pound (651 million-euro) Procter & Gamble pension fund has re-appointed State Street as its global custodian.