US - WestAM, the institutional investment arm of German bank WestLB - has strengthened its US sales team with the appointment of Robert Formisano as a director.
Formisano will be based in San Francisco responsible for developing and managing relationships with major corporate and public retirement funds, foundations, endowments and other institutions in the Western region of the US.
He joins the firm from Morgan Stanley Investment Management’s San Francisco office.
Before Morgan Stanley, Formisano was senior vice president at Husic Capital Management, also in San Francisco. He also spent seven years as a senior vice president with consulting firm Callan Associates.
By Madhu Kalia
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.