NETHERLANDS - Dennis Van den Bosch has been appointed director of currency management at Fortis Bank in the Netherlands. He joins from Dutch fiduciary manager Mn Services.
Van den Bosch, who was responsible for running the in-house currency absolute return mandate and the strategic currency hedging programme at Mn Services, officially starts his new job at the beginning of March.
Bob Arends, head of currency management, at Fortis, commented: “Dennis brings exceptional expertise and experience in currency management. His appointment to the team emphasises our long term commitment to blend investment management experience in currencies and academic research.”
Van den Bosch said: “This is a great opportunity for me to join a dedicated team of professionals with just one objective in mind; to provide the best solution for institutional investor currency programmes.”
By Alex Beveridge
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers