APG Group; BNY Mellon; Dreyfus Corporation; Northern Trust; TRS; QIC; AXA Investment Managers; Acadian Asset Management; BlackRock; Aon Risk Solutions; SSgA; Mercer; RBC Dexia Investor Services; Schroders
Tjerk Kroes has been appointed as director of corporate strategy and policy at the APG Group in Amsterdam.
He replaces Menno Snel, who is leaving the fund to join the International Monetary Fund in Washington as the Dutch executive director.
Kroes will start his new role on 1 November 2011. Currently, he is the director of the labour, social and economic affairs department at the Ministry of Social Affairs and Employment, which he joined nine years ago.
Additionally, APG's manager of corporate finance, control and risk management Gerben Everts is leaving to join the Dutch Authority for the Financial Markets as director. The fund is currently seeking his successor.
Other moves include the appointment of senior strategist Donui Agbokou to replace chief strategist Wim Barentsen in APG's economics and financial markets department. Barentsen is leaving to join Syntrus Achmea for the same position.
APG spokesperson Harmen Geers said the number of changes in the past month is not part of a planned restructure.
Gerald Hassell has been appointed as chairman and chief executive officer at BNY Mellon.
He replaces former chairman, chief executive officer and director Robert Kelly who has stepped down after mutually agreeing with other Board members that there were differences in approach to managing the company. Hassell will continue as the firm's president.
Hassell has had responsibility for the company's investment businesses and client management across its global businesses, as well as operations and technology. He was named to the Bank of New York's executive committee in 1994 and named president and elected to its Board of directors in 1998.
BNY Mellon director Wesley von Schack said: "Gerald is ideally positioned to guide BNY Mellon through the next phase of its growth and to bring it to its full potential. We are grateful to Bob Kelly for his leadership and the contributions he made to the company during his tenure as CEO. He played a key role in the integration of the Bank of New York and Mellon Financial following the merger and helped navigate the company through the financial crisis, securing its position as the world's leading provider of investment management and investment services."
Separately, Christopher Sheldon has been appointed as chief investment officer of the Dreyfus Corporation, the distribution arm of BNY Mellon Asset Management. He succeeds Phil Maisano, who retired earlier this year, and will take on the role on 1 November 2011.
Sheldon joins Dreyfus from BNY Mellon Wealth Management, where he was director of investment strategy and president of the BNY Mellon Funds. He joined BNY Mellon in 1995 and has more than 20 years of industry experience as a portfolio manager and investment strategist. Previously, he was managing director of the firm's West Coast offices.
Northern Trust has appointed Rohan Singh as managing director of its Australia and New Zealand business (Global Pensions: 1 September 2011).
Brian Guthrie has been bumped up to the executive director role of the $105bn Teacher Retirement System of Texas (Global Pensions: 1 September 2011).
Australian asset manager QIC's chief executive officer Doug McTaggart will be retiring on 30 June 2012 after 14 years of service. The firm is currently looking for a replacement. McTaggart will take on an advisory role after he retires.
QIC chairman Peter Young said: "I would like to acknowledge and thank Doug for the leadership and passion he has brought to QIC since he was appointed in 1998. Under Doug's tenure, QIC has grown significantly to become one of the largest and most successful institutional investment managers in Australia, with A$60.2bn ($63.7bn) in funds under management.
McTaggart added: "QIC has moved ahead in leaps and bounds over the past decade and I have a real sense of pride in my association with what is now one of Australia's most innovative institutional fund managers."
J.P. Morgan Asset Management has hired James Gearin as chief operating officer of its retirement plan services business (Global Pensions: 31 August 2011).
Katrin Boström has joined AXA Investment Managers as head of Nordic sales. Based in Stockholm, she will report to the head of UK and Nordics Irshaad Ahmad and will be responsible for building the firm's presence in the region.
Previously, she worked at Morgan Stanley Investment Management where she was executive director and head of sales and business development of the Nordic Region. Before this, she was the executive director of institutional sales and business development of the Nordic region for Goldman Sachs Asset Management.
Acadian Asset Management Singapore has appointed Ho Yew Weng as director of institutional sales for Asia-ex Japan (Global Pensions: 31 August 2011).
BlackRock has appointed Ingo Heinen as managing director of alternative investors where he will work with the client coverage and portfolio management teams to develop the firm's alternative solutions. Based in London, Heinen will report to BlackRock head of hedge funds and head of the alternative investment strategy group Rick Arney.
Most recently, Heinen managed institutional equity derivatives and fund-linked sales for Germany and Austria at the Royal Bank of Scotland. Before this, he spent over 10 years at Merrill Lynch and Nomura structuring and selling alternative products.
Aon Risk Solutions, the global risk management business of Aon Corporation, has appointed Kristin Adams as managing director and resident sales director to oversee the business development teams in Atlanta and Nashville.
She has worked with Aon for more than 14 years, beginning her career in the mergers and acquisitions practice as well as working within the capital markets team. She is also a member of the Board and executive committee of the Board of Directors Network.
State Street Global Advisors (SSgA) has made two senior additions to its fundamental equity team in Ireland, headed by global chief investment officer of active fundamental equities Chris Johns.
Jeremy James joins as senior research analyst, covering global financials, from Pioneer Investments in Dublin. Mark Prentice, formerly of Goldman Sachs Asset Management in London, has been appointed senior research analyst focussing on financial statement analysis and corporate engagement.
At Pioneer, James was a senior equity analyst, where he covered financials for nearly 12 years. He also spent time as head of European research and head of the global financials team. Prentice worked as a forensic accountant at Goldman Sachs Asset Management from 2003 to 2011. Previously, he worked in the forensic accounting departments of both Ernst & Young and PwC in London.
The firm also recently confirmed the expansion of its core investment teams of cash management, fixed income and passive equity with the addition of five employees.
SSgA global CIO Rick Lacaille said: "When we acquired Bank of Ireland Management, SSgA committed to expanding our range of actively managed strategies to include fundamental equity management and we are very pleased with progress to date. Jeremy and Mark join us with solid experience and will play a key role in supporting this effort."
Mercer has hired Neil Puxley as a partner in its retirement, risk and finance business.
Based in Edinburgh, he will lead on existing client work, advising both trustees and companies on a range of pension issues, as well as being involved in sales and new business development across Scotland.
Before Mercer, Puxley was a principal for Aon Hewitt and a partner at Watson Wyatt, where he was responsible for its Scottish actuarial team.
RBC Dexia Investor Services has expanded its market products and services team with the appointment of Paul Luff as director of portfolio solutions. Reporting to division head Blair McPherson.
Luff has nearly 30 years' experience in foreign exchange trading, sales and client relationship roles. He joins the firm from UBS Investment Bank, where he was most recently a senior relationship manager in its FX business. He is also on the governing committee of the ACI UK, the FX industry's professional body.
Matthias Scheiber has joined Schroders' multi-asset investment team as fund manager. He will report to the division head Johanna Kyrklund.
Previously, Matthias worked at Aethra Asset Management as a fund manager and partner where he managed absolute return mandates and a hedge fund and set up qualitative and quantitative investment processes.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.