US - Morgan Stanley has lost the head of its European Pensions Group after Alan Rubenstein left the company to join Lehman Brothers.
Rubenstein will now take up the position of MD and European head of the Pensions Advisory Group, where he will be responsible for consolidating the Lehman Brothers’ existing pension expertise into one group and further growing the platform in Europe.
He will report to Philip Lynch, head of global finance for Europe, and Philippe Dufournier, head of structured solutions group, Europe. The firm’s pension advisory work is currently conducted by individuals across investment banking, equities and fixed income.
Rubenstein was head of the European Pensions Group at Morgan Stanley for eight years.
This week's edition of Professional Pensions is out now
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