Appointments

THREADNEEDLE INVESTMENTS has expanded its investment management team with three key appointments - head of equities, head of fixed income and chief risk officer.

THE FINANCIAL Services Authority has appointed Sheila Nicoll as director of its retail firms division.

US - The Teachers' Retirement System (TRS) of Illinois has dumped NCM Capital Advisers from its emerging managers mandate due to "organisational concerns" after just one year.

JPMORGAN Asset Management has expanded its global multi-asset group with the appointment of Mustaq Rahaman as convertible bond portfolio manager.

ABBEY Financial Markets has appointed Hemal Popat and Martin Collins to its life and pension solutions team.

AON CONSULTING has hired a fixed income derivative specialist and a senior relationship manager after lengthy careers with investment banks.

WATSON Wyatt has appointed Paul Macro as a senior consultant in its defined contribution consulting team.

THE PENSION Protection Fund has appointed Martin Clarke as director of financial risk.

TONY King has been named as the new pensions ombudsman replacing David Laverick who will step down on August 31.

CREDIT Suisse has hired Kieron Nutbrown to run its asset management division's foreign exchange overlay business.