Daily People Moves – July 3

Buyside

Daniel Leon has joined HSBC Global Asset Management as Global Head of Trading, Treasury Management and Global Solutions. Prior to this, Leon was global head of trading, securities financing and derivatives at AXA Investment Managers.

J.P. Morgan Asset Management has appointed Philip Fok as Head of Retail Distribution. In this role, he will be responsible for growing the wholesale fund distribution particularly with retail banks, insurance companies and platforms in Hong Kong. Prior to joining JPMAM, Fok worked for E-TRADE, Zurich International Life, Eastspring, Manulife and Robeco.

Sumitomo Mitsui Trust Asset Management has opened an office in New York and appointed Shigeki Katoh as President and Chief Executive Officer for the Americas.

Ex-ExodusPoint macro trader Alessandro Cipollini has launched his own fund, Ermitage Capital Management. Karim Olivier has also joined Ermitage. Olivier is a former quant analyst at ExodusPoint.

Douglas Branson has joined Algebris Investments as Head of Business Development. Branson most recently served as head of UK distribution at Gam Investments.

Private Banking / Wealth Management

Sean Byrne has been appointed as Managing Director, Market Leader and Head of Japan international at Credit Suisse. Byrne joins from UBS where he most recently works as a desk head.

Sellside

Dennis Bon has been named Head of Americas at BNP Paribas Securities Services. Before that, Bon was head of depository and fiduciary services at the same firm.