UK - JP Morgan Fleming Asset Management has lost Shawn Lytle to UBS Global Asset Management.
At JP Morgan, Lytle served as client portfolio and business manager for the global equity group, London.
He joins UBS as client portfolio manager, also in global equities, and reports directly to Tom Madsen, global head of equities.
Madsen said: “Shawn brings experience both from product development and marketing.
“His experience of working in New York and London, within global portfolio teams, will be valuable in building and developing client and consultant relationships and in enhancing our new business development strategies.”
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