Mesirow, Threadneedle, Schroders, Mercer, SSgA, Russell, Uganda NSSF
Mesirow Financial has named Richard Price president and chief executive officer following the death of James Tyree last week.
Tyree, who according to local media reports had been suffering from stomach cancer, passed on 16 March.
"Jim was truly one-of-a-kind; an amazing leader and great friend to so many. He made an indelible impression on each one of us at Mesirow Financial, and our hearts are broken. We will honour him by continuing his legacy and following the tenets that he taught us. Because of Jim's leadership, he has prepared us well to band together and get through this difficult time. Our thoughts and prayers are with his entire family," the firm said.
Price, previously president and chief operating officer, had been acting as CEO "for several month", according to a company release. Mesirow has $51bn in assets under management.
Threadneedle has created three new roles to help it expand its footprint in Asia Pacific, and has lured a former Merrill Lynch veteran out of retirement. Andrew Chan has been appointed head of product and business development for Asia Pacific, where he will be responsible for overseeing "the development and delivery of client focused product and service solutions", the firm said. He will be based in Singapore and report to Asia Pacific chairman Raymundo Yu. Chan spent the past two years travelling, but had been at Merrill Lynch for 24 years before retiring in 2009. There, he was most recently managing director and chief administrative officer of Global Wealth Management, Pacific Rim.
Tony Poon has been appointed head of head of client service and business manager for North Asia, and Harry Tan, head of client service and business manager for South Asia. Both join from Merrill Lynch. Poon will be based in Singapore and Tan in Hong Kong.
Schroders has enhanced its liability driven investment and strategic solutions teams with four appointments in newly created roles.
Mike Hodgson will become head of structuring, Kathleen Broekhof has been appointed LDI solutions manager, and Dianne Ramsay and Alistair Jones will join the UK structured solutions team.
Hodgson joins from Royal Bank of Scotland NV where he had been responsible for fund derivatives trading and structuring. Broekhof was previously a director in the HSBC Global Asset Management institutional team where she developed and maintained relationships with UK corporate pension schemes. Ramsay will join the UK strategic solutions team from the financial strategy group at Mercer where she was a senior consultant. Jones worked at Aon Hewitt prior to joining Schroders for more than five years as an investment consultant.
Mercer has boosted its global responsible investment team with the hire of Richard Fuller and Ryan Pollice.
Fuller will be based in Melbourne where he will be responsible for client relationships in Sydney and Melbourne, and intellectual capital development across Asia Pacific. He will report to Helga Birgden, Asia Pacific head of responsible investments. Fuller joins from HESTA Super Fund where he was senior investment analyst for environmental, social and governance investing.
Pollice will be based in Toronto where he will work on Canadian and global client assignments and research projects. He will report to Elisabeth Bourqui, Canadian head of responsible investing. He joins from the United Nations Principles for Responsible Investment where he was manager, implementation support.
State Street Global Advisors has appointed Olivia Engel head of active Australian equities. She reports to Marc Reinganum, global head of active equities in developed markets. She joins from GMO Australia where she was senior portfolio manager for the Australian equities portfolios.
Russell Investments has expanded its EMEA fiduciary management team with the addition of three new members - Gary Yeaman, Sarah Zambonini and Henk Radder.
Yeaman joined from Netherlands-based Shell Asset Management Company. Zambonini joined from Aon where she was involved in development and sales of the Aon Pension Solution, Russell said. Radder has moved from the firm's consulting team.
Geraldine Ssali has been appointed deputy managing director of Uganda's National Social Security Fund (NSSF), a post that had stood empty for one and a half years. She was appointed by the Minister of Finance, Planning and Economic development Syda Bumba. Ssali was head of the directorate management unit in the Ministry of Finance in the UK.
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.