People – Page 214
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Hermes expands management team post Myners
UK - Hermes Focus Asset Management (HFAM), one of the UK’s largest institutional fund managers, has expanded and reorganised its management team in response to calls in the UK Myners report for greater intervention by shareholders in investee companies....
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Towers poaches two from rival William M.Mercer
UK – Benefits consultancy firm, Towers Perrin, has poached two business development consultants, Martin Good and Jason Kenny, from rival consultants William M. Mercer....
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Wasserman to head multinational servicing at Aon
LONDON/GLOBAL – Aon Consulting has promoted Simon Wasserman, the former head of international benefits at ASA, recently acquired by Aon, to the position of global chairman of its international benefits consulting practices....
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Myners warns of legislation threat over proposals
UK – There is a threat of government legislation to force pension funds to make statements of non-compliance to the recommendations of the Myners’ Review, warned Paul Myners, when speaking at the Pensions Management Institute (PMI) Autumn conference in London today.
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Siemens Swedish fund hires State Street
SWEDEN/GERMANY – Boston based State Street Corporation has been appointed by German electronic giant, Siemens to provide a full range of global investment services to its $74m (€81m) Swedish pension fund...
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Mercer: Government will legislate for trustees
UK – The government will legislate against pension fund trustees taking decisions unless they are ‘familiar’ with the issues concerned - as laid out in the Myners report, claims consultancy firm, William M. Mercer....
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Roberts leaves NAPF to head back to BBC
UK – Rhoslyn Roberts has been appointed head of pensions for the British Broadcasting Corporation’s (BBC) £7bn (€11bn) UK staff pension fund.
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Senior City lawyer heads to Morgan Stanley
UK – Keith Clark, current chairman of international law firm, Clifford Chance (CC), has been appointed international general counsel at financial services giant, Morgan Stanley (MS).
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Skinner to head Gartmore fixed-income team
UK – Gartmore Investment Management has appointed Paul Skinner as head of fixed income business development....
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Aon expands UK defined contribution team
UK – Aon Consulting has expanded its defined contribution team in its pensions administration practice with the appointment of Susan Flynn as UK operations manager and Lee Swindlehurst as an operations manager at Aon’s Farnborough office....
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MAN hires European sales manager
UK – Hedge fund outfit MAN Investment Products (MIP) has hired Paolo di Montorio-Veronese as regional manager, Europe, for its London-based sales team....
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State Street hires new head of investor relations
State Street Corporation has appointed S. Kelley MacDonald senior vice president and head of investor relations....
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SEB hires Klagsburn to head new investment unit
SWEDEN - Harry Klagsbrun has been named as the new executive vice president of Swedish financial services group SEB and head of SEB Invest, its investment management arm....
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Zurich selects new Northern Europe business head
SWITZERLAND – Zurich Financial Services (Zurich) has appointed Axel Lehmann to head up its Northern European business operations....
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Watsons poaches PWC team for new Belgian arm
BELGIUM – Watson Wyatt in Brussels has pulled off a significant coup in the Belgian market by luring a team of senior management staff from rival firm PricewaterhouseCoopers (PWC), including PWC’s forming insurance consulting team head, Karel Goosens, to head up a new insurance consultancy division.....
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Merrill Lynch investment chief quits the firm
US - Merrill Lynch has announced that Robert Doll has been promoted from the position of CIO to president of Merrill Lynch Investment Managers (MLIM) in a move that sees him replace former MLIM chief, Jeffrey Peek, who is leaving the firm....
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Russell appoints UK institutional sales manager
UK – Frank Russell Company has appointed Jamie Downing as manager of UK sales in its London-based institutional investment services team....
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Swedish pension fund fills all executive posts
SWEDEN – The Second Swedish National Pension Fund AP2 has appointed Petter Odhnoff as chief investment officer (CIO) and Lennart Jonsson as head of communications
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Mercer scores investment brief at rugby union fund
UK - William M. Mercer has been appointed as actuarial, administration and investment consultant for the £3 million Rugby Football Union defined benefit pension plan....
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JP Morgan lands £4.2bn Prudential fund custody
UK – JP Morgan Investor Services Europe, Middle East and Africa (EMEA) has been appointed as global custodian to the £4.2bn (€6.7bn) Prudential Staff Pension Scheme (PSPS)....