UK - Allianz Dresdner Asset Management has hired Peter Lockyer from Merrill Lynch Investment Managers as global head of performance and portfolio risk for its equity division.
He will join the company in London and be responsible for leveraging existing performance and risk resources within the group.
Lockyer reports to Andreas Utermann, also previously at Merrill Lynch, now global CIO for Allianz Dresdner’s equities division.
Commenting on the appointment, Andreas Utermann said: At a time of prolonged market volatility this appointment is more important than ever.
“Peter has a proven track record of performance and risk management and his role will be essential to ensure that we are delivering the best possible performance for our clients across all our equities platforms, within the required risk and style parameters.
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.