AUSTRALIA - Crédit Agricole Asset Management Group (CAAM Group) has launched a separate Australian business following its successful opening of an office in Sydney.
Richard Borysiewicz, country head, Australia and New Zealand, said: "The opening of CAAM Australia is an important strategic step and recognises the importance of the Australian and New Zealand markets for CAAM Group.
Borysiewicz continued: "The Sydney office has seen positive growth over the last year and will continue to focus on institutional and multi-manager clients through high quality, innovative products and outstanding local support."
CAAM Australia has appointed John Maragiannis as director of distribution.
Maragiannis joined from Crédit Suisse Asset Management (CSAM) where he was head of institutional sales until March 2006.
Prior to this he ran the institutional sales function for Schroders Investment Management.
In Paris, CAAM has appointed Laurent Crosnier as head of Euro fixed income and credits.
Crosnier, who replaced Jean-Francois Boullier, has also become a member of the CAAM Executive Committee.
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.