UK - Nomura Asset Management UK has appointed Philip Sellers as an advisor to its London-based operation.
Nomura said the appointment of Sellers is recognition of its intention to expand its UK client list.
Sellers career includes a stint as a trustee of the Post Office Pension Funds (now Consignia), where he was involved in a number of external manager appointments.
Commenting on his appointment, Mark Roxburgh, head of marketing and client service for Europe, Middle East and Africa, said: We're delighted that Philip will be helping us. He has a wealth of experience in the UK pension fund market and we firmly believe the guidance he will be able to give will help us take full advantage of the opportunities that we see ahead.”
By Janet Du Chenne
PP has analysed the accounts of the biggest pension consulting firms and recorded the turnover (revenue) in their most recent accounts. The full leaderboard is below…
UK defined benefit (DB) schemes have increasingly undertaken benefit reviews over the last four years resulting in an acceleration of scheme closures, Aon research finds.
Contributions are no longer sufficient to meet regular payments for three-quarters of small- to medium- sized defined benefit (DB) schemes, Buck analysis finds.