Asset Management
Lazard Asset Management, has recruited Jennifer Anderson, a former pension fund manager at TPT Retirement and Nikita Singhal, an ex-World Bank analyst as its new co-heads of responsible investment.
UBS’ Head of Asset Management in Asia, Rene Buehlmann is planning a sabbatical, and will be replaced effective on Friday by Raymond Yin a veteran of Goldman Sachs who joined UBS last month as Head of China in Asset Management.
Morgan Stanley has appointed new managers on two of its emerging markets funds; Pierre Horvilleur has been taken off both the Morgan Stanley Frontier Markets Portfolio and Morgan Stanley Emerging Markets Small Cap Portfolio funds and will be replaced by Steven Quattry on the $282.9 million Frontier Market Portfolio fund, joining co-manager Tim Drinkall. Omair Ansari has taken over from Horvilleur on the $58.8 million Emerging Market Small Cap Portfolio fund, also co-run by Tim Drinkall.
State Street Global Advisors has hired two ETF Product Development Specialists from Invesco; Antoine Boulet and Luca Zanoni, who join from the product and sales strategy team at Invesco.
Michael Loretan, Head of the Asset Management division and deputy CEO of the Swiss Financial Market Supervisory Authority, has died at the age of 53 after a long illness.
Pascal Duval, the former Chief Executive of Russell Investments’ business in Europe, Middle East and Africa, has joined Amundi to bolster its global retail business.
Hedge Funds
RAM Active Investments has appointed two Senior Quantitative Researchers to its Systematic Research team; Tony Guida and Nicolas Mirjolet.
Former Nomura trader Desmond How has launched a new hedge fund focused on emerging-market corporate bonds, out of his company GaoTeng Global Asset Management.
IBD / Capital Markets
Kai Zeng, a director-level quant trader that specializes in equities has joined UBS after seven years as a Vice President at Citi.
Deutsche Bank has appointed Nick Agarwal as a Managing Director on its financial sponsors desk in New York.
A reshuffle of Credit Suisse’s impact investing division sees two veterans; Green Solutions Head Fabian Huwyler and IAF Investment Solutions and Products boss Anja Hochberg losing their positions.
Insurance
Christopher Teo Sze Teck has been appointed as Chief Executive of Tokio Marine Life Singapore.
EC3 Brokers has hired Steve Hart as Senior Executive Officer from JLT Re’s Dubai office to target growth in the Middle East and Africa.
Edward Levin has been named as the new Global Head of Accident & Health, General Insurance, at American International Group, Inc. He joins from Chubb, where he was Group Digital Business Officer.
QBE has hired Jon Dye, a senior executive from Allianz to replace Roger Ball, who has retired.
Private Banking / Wealth Management
Northern Trust has named Kimberly Evans Head of Private Capital Fund Administration in North America.
First Republic Bank, has appointed Greg Zappas, as Senior Wealth Manager, in Newport Beach.
BNP Paribas’ Head of Non Resident Indian (NRI) business in Hong Kong and Singapore, Vikas Jaidka has resigned from the bank, less than a year after taking up the position.
VP Bank’s Head of Private Banking in Singapore, Kimmis Pun has resigned, just ten months into the job.
Alfred W. Moeckli, CEO of VP Bank, will relinquish all his functions at the end of January, to devote himself to new assignments. Urs Monstein will take over as CEO on an interim basis.
BNP Paribas WM has appointed Lorenzo Sánchez-Mangas as General Deputy Director, Senior Banker, on its Key Clients area. He joins from UBS, where he worked for the firms’ UHNWI division as Senior Banker.
Credit Suisse has expanded its business with external asset managers, multi-family offices and fund managers outside Switzerland, with Germany as a key growth market, driven by Björn Kogler.
Zwei Wealth Experts has promoted Kevin Graf to the Executive Board and will take over as Head of IT & Operations.
Sellside – Sales; Trading; Structuring; Research
BTIG Limited has appointed Nigel Fenn as a Managing Director in the firm’s Institutional Equities division.
Deutsche Bank has Olivier Moreau, a former JPMorgan Managing Director and the bank’s ex-Head of Quantitative Analytics and Data Control.