People – Page 186
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News
SWIP boosts UK equity fund team
UK – Scottish Widows Investment Partnership has expanded its UK equity fund management team with the addition of two senior members.
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Watson Wyatt & Co. cautious about revenues
GLOBAL – Consulting firm Watson Wyatt & Co. says it is cautious about the outlook for revenues in the 2004 fiscal year.
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Hewitt reshuffles top UK management
UK/IRELAND – Hewitt Bacon & Woodrow has reshuffled its senior management and appointed Roger Parkin to succeed Richard Moore as UK and Ireland managing director.
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Gartmore hires Merrill’s Beazley for alternatives
UK – Gartmore Investment Management has appointed Charles Beazley as head of institutional and alternative investments.
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Sweden’s Alecta names equities chief
SWEDEN – Occupational pension fund manager Alecta has hired Nordea’s Peter van Berlekom as its new head of equities.
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Schroders poaches from BGI for UK business
UK – Schroders has appointed Miles O’Connor of Barclays Global Investors as head of sales and client servicing for UK pensions and corporates.
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Putnam Investments’ chief executive Lasser to leave
GLOBAL – Marsh & McLennan Companies has replaced Lawrence Lasser as chief executive of its Putnam Investments arm amid a regulatory investigation into the firm’s trading practices.
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Bank of Ireland boosts UK institutional team
UK – Bank of Ireland Asset Management UK has expanded its client services team with the appointment of Alice O’ Dowd.
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Morley hires Aberdeen’s Garrett-Cox as CIO
UK – Morley Fund Management has named Katherine Garrett-Cox to succeed chief investment officer Gerry Holtham.
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Hibernian passes some asset management to London
IRELAND - Hibernian Investment Managers, (HIM) one of the five largest asset managers in Ireland, has split its fund management business between Ireland and the UK.
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Fortis moves into High Yield, appoints Lupton
EUROPE – Fortis Investments is moving into the European high yield bond arena appointing John Lupton to head up the company’s new capability.
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BoNY makes southern Europe appointment
SOUTHERN EUROPE – The Bank of New York is bolstering its capabilities in southern Europe, with the appointment of Carlo Montagna.
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CSAM names Nordic sales vice president
EUROPE - Credit Suisse Asset Management has named a new vice president of Nordic sales.
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Fortis appoints Adams to expanded information role
BELGIUM – Fortis Investments has appointed Bob Adams as its new global head of information services, based in Brussels.
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Highland fund opts for three new specialist managers
UK – The Highland Council pension fund in Scotland has appointed Alliance Bernstein, Fidelity Investments and Schroder Investment Managers as Insight Investment loses its 300 million pound (435 million euro) mandate.
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Hewitt boosts Irish investment practice
IRELAND – Hewitt & Becketts is bolstering its investment consultancy business in Ireland, with the appointment of Evelyn Ryder.
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Renaisssance plays down impact of arrest of Yukos chief
RUSSIA - The arrest of the head of Yukos, Russia’s largest oil company, will not slow the country’s move to a market economy, say Moscow investment analysts.
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CSAM appoints new head of emerging market equities
UK – Credit Suisse Asset Management has appointed a head for its emerging markets equities team.
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M&G appoints head in Italy
ITALY – M&G Investments has bolstered its Italian team with the appointment of Massimo dalla Vedova as head of Italian sales.
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Aegon’s van de Geijn to head Zurich life business
SWITZERLAND – Zurich Financial Services has hired Aegon’s Paul van de Geijn as its chief executive of life insurance business, a new role.