Including: AUSTRALIA - JPM appoints head of securities; DUBAI - Moody's moves into Middle East; UK - Barings appoints multi-manager head; UK - IAM appoints head of client relations; UK - New FD for Standard Life
AUSTRALIA - JPM appoints head of securities
JPMorgan has appointed Jane Perry as head of worldwide securities services, Australia & New Zealand. Perry has more than 20 years experience in business management and finance, most recently working as chief operations officer for AXA Australia and New Zealand.
DUBAI – Moody’s moves into Middle East
Credit rating agency Moody’s has announced the appointment of Jehad El-Nakla as general manager of its Middle Eastern operations, based in Dubai. El-Nakla, who holds a Ph.D in numerical analysis, will be responsible for directing and co-ordinating the company’s activities in the region and maintaining key client relationships.
UK – Barings appoints multi-manager head
Baring Asset Management has appointed James Calder as head of multi-manger. Calder will start in January and will also be co-manager of Baring multi manager risk funds, alongside Malcolm Herring. Calder was previously the head of fund research at Berry Asset Management.
UK – IAM appoints head of client relations
Specialist find of hedge funds managers International Asset Management has announced Alexander von Mühlen as head of client relations and products, in a newly created role. Mühlen has joined from ABN AMRO’s asset management division, where he oversaw the management of the structuring and introduction of alternative products, including fund of hedge funds.
UK – New FD for Standard Life
Standard Life Investments (SLI) has appointed Colin Walklin to the board of directors in the newly created position of finance director. Walklin will be responsible for all financial functions within SLI, which has £140bn (US$280bn) of assets under management. Prior to joining SLI, Walklin was chief financial officer at Barclaycard.
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