US - TCW Group announced it has withdrawn from the government's programme to invest in toxic bank assets following a staff exodus at the bond asset manager.
The £16bn Barclays UK Pension Fund has appointed Nick Stacey as associate director in its manager selection team.
UK - The £16bn (US$25.6bn) Barclays UK Pension Fund has appointed Nick Stacey as associate director in its manager selection team.
BESTrustees has appointed Rachel Tranter and Zahir Fazal as directors.
Hermes has appointed Fred Cleary as director, government bonds within its fixed income team.
Bramdean Alternatives has expanded its board with the appointment of four non-executive directors.
Insight Investment has appointed Adam Mossakowski as a credit fund manager within its fixed income team.
Watson Wyatt has hired Paul Herbert from Hewitt Associates to its expand its defined contribution investment team.
US - Morgan Stanley has hired former Merrill Lynch veteran Gregory Fleming as president of its investment management unit.
Fidelity International has hired Ominder Dhillon as head of distribution for its UK institutional business.