Title chasing Leicester City travel to strugglers Sunderland.Liverpool host Stoke City and Tottenham will look to close the gap on the league leaders when they host Manchester United.
Société Générale Securities Services – Jason Nabi has been appointedto the newly created position of head of financial institutions and brokers (FIB) for the UK. Reporting to Guillaume Heraud, global head of business development for financial institutions and brokers, he will be responsible for leading the business development strategy for FIB and its position across this client segment in the UK. He was previously responsible for the strategic business development of Markit’s asset servicing business.Allenbridge – Odi Lahav, chief executive, is totake over the company’s management from Karen Shackleton, currently managing director. Shackleton will, however, continue to handle her own client portfolio.Conning Asset Management – Ben Hamilton has been appointed portfolio manager in London. Hamilton, who will report to Russell Büsst, CAM’s European CIO, will assist senior portfolio managers managing fixed income portfolios for the European client base, and developing CAM’s global bond offering. Hamilton joins from Premier Asset Management, where he was assistant investment manager and research analyst for fixed income and multi-asset funds.GLG Partners – Simon Price has been appointed to the financials team. He will assume the position of asset manager, contributing to global, European and financials long/short strategies and working alongside the existing financials team of David Sanders and Stephen Holliday, with particular focus on stock-picking opportunities in the US and Japanese financials sectors. He joins from Occitan, where he was partner and global sector head for financials and macro analysis. Loyalis, State Street Global Advisors, Institutional Investors Group on Climate Change, Société Générale Securities Services, Allenbridge, Conning Asset Management, GLG Partners Loyalis – Aad van der Klugt is to leave as a board member at Loyalis, the APG subsidiary for additional pension products. His departure follows the slimming down of the company, as a result of a changing life insurance market, as well as the transfer to APG of the Loyalis subsidiary for tailor-made administration (LMA). Van der Klugt’s responsibilities will be assumed by Peter van Wageningen, chairman of the board, and financial director Wim Vliex. State Street Global Advisors – Mark Fortier has been appointed managing director, head of global defined contribution research and product development. Fortier, most recently head of product and partner strategy at Alliance Bernstein, will be responsible for developing products that anticipate plan sponsor needs, working closely with the investment teams across SSGA to bring new DC products to market globally. He will be based in Boston, reporting to Fredrik Axsater, managing director and global head of defined contribution at SSGA.Institutional Investors Group on Climate Change – Peter Damgaard Jensen has been appointed to the board of the IIGCC. Jensen is managing director and chief executive at PKA, and was also chairman of the Danish Insurance Association from 2009 to 2013.Read More
Denmark’s biggest commercial pension fund PFA said it plans to invest between DKK15bn (€2bn) and DKK20bn in Danish businesses over the next five years, preferring to remain a minority shareholder in the companies.In an interview with Danish financial daily Børsen, Henrik Heideby, group head and chief executive at PFA, said: “We will increase investments by up to 10% of our total holdings in the next five years. This corresponds to DKK30bn to DKK40bn. Half of that will be in Danish businesses.”PFA will invest broadly across sectors to spread its risk, he said.“We don’t want to be the main owner of companies,” he added. “Experience shows that businesses that are owned by pension funds alone do badly.”However, PFA could invest alongside a capital fund, he said, adding that many companies would like to have PFA as an investor, as it is seen as an endorsement.“We get a lot of inquiries,” he said.PFA is particularly interested in investing in larger companies, Heideby said. But since there is not such a huge range of big companies in Denmark, it is also possible PFA will gather a group of investments and invest jointly, he said.“There are many thoughts and possibilities about this,” he said.Read More