GLOBAL - Watson Wyatt (WW), Newton Investment Management and State Street Global Advisors (SSgA) have made senior appointments, while Barclays Global Investors (BGI) announced the opening of an office in the Middle East.
Faris joined the firm's Los Angeles office, from Northwest Capital Management, prior to which he was managing director responsible for retirement plan investment clients at Arnerich Massena & Associates and held a senior consulting position with Mercer.
Wust, who joined the WW's New York office from Evaluation Associates, was previously divisional vice president at UBS Financial Services and analyst at Prudential Securities.
Rowland, based in Stamford, joined as senior analyst from Evaluation Associates. She will focus on investment manager research primarily within US equities.
Newton has appointed Jin Hill as account manager in its institutional sales team. She will be responsible for several Newton's key institutional relationships and she be based in London.
Hill was principal and client director at Barclays Global Investors in London, responsible for the servicing of a range of UK pension schemes.
SSgA has announced the appointment of Marie-Anne Heeren as head of business development for SSgA in the Nordic region.
Heeren joined SSgA as a sales associate for the Nordic Region in 2005, after five years at JP Morgan Chase working on fixed income, corporate credit markets and credit sales for institutional investors.
BGI has announced the opening of an office in Dubai, United Arab Emirates (UAE), to manage BGI's relationships with clients and third parties in the Gulf States and the Middle East region.
Roger Jenkins has been appointed chairman of Investment Banking and Investment Management (IBIM) for the Middle East, while Gay Huey Evans has been appointed vice chair of IBIM.
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.