UK - Insight Investment, the asset management arm of HBOS, has recruited Marcus Hooper as head of dealing.
Hooper joins from Dresdner RCM Global Investors where he was a director and head of equity and derivative dealing. Prior to that he was the investment director and head of dealing at Axa Sun Life Investment Management and a dealer at Hill Samuel Investment Management.
Chief investment officer Michael Deakin said: “Marcus has a proven track record and brings added strength to our dealing team.”
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.