INCLUDING: UK - Barings launches 130-30 Fixed Income White Paper, ITALY - New staffers for Cordea Savills in Milan, UK - Gillespie leaves Watson Wyatt; UK - Property appointment at Hewitt
UK - Barings launches 130-30 Fixed Income White Paper
Baring Asset Management has released a white paper on 130-30 fixed income investing. Barings was among the first wave of managers to be awarded a global fixed income 130-30 mandate by CalPERS in June 2007. Toby Nangle, Barings’ director of fixed income, said: “Most of the debate around 130-30 strategies has been focused on the equity side. However, the sources of excess returns and the potential benefits that 130-30 fixed income investing are quite different from the equivalent equity only mandates.”
ITALY - New staffers for Cordea Savills in Milan
Cordea Savills has appointed three staff to its Italian operations. Alessandro Castiglione joined as director of investment from BNL Fondi Immobiliari SGR, Deutsche Bank Real Estate and Unieuro SpA, where he was in charge of asset and property management. Pierfilippo Barattolo, joined as director of investment from DTZ where he was investment director, and Giuseppina La Mantia, has been appointed asset manager. Before joining Cordea Savills, Mantia worked in the valuation team at Archon Group Italia (Goldman Sachs).
UK – Gillespie leaves Watson Wyatt
BNP Paribas has appointed of Craig Gillespie to its pensions team, based in London. Gillespie joined BNP Paribas from Watson Wyatt in Reigate, where he worked for 11 years advising trustees and plan sponsors on investment strategy and asset/liability modeling.
UK – Property appointment at Hewitt
Hewitt Associates’ has appointed Richard Cooper to its UK investment consulting team as a property specialist. Cooper joined Hewitt from Kingston University, where he spent the last year as a senior lecturer on commercial property investment. He has previously worked as a fund analyst at Bramdean Property Investment and an associate director at LaSalle Investment Management.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.