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Impax AssetManagement has entered into an agreement to acquire the corporate credit assets from fixed income manager Absalon Corporate Credit, part of Formuepleje Group. The post Impax AssetManagement to acquire corporate credit business from partner firm Formuepleje Group appeared first on The TRADE.
James Hilton was appointed multi-assetmanaging director in RBC’s low touch team, joining from Credit Suisse, where he had been serving as head of sales for EMEA for the bank’s advanced execution sales (AES) team. Prior to joining Credit Suisse in 2006, Hilton spent six years at UBS Investment Bank as a director.
Northern Trust promoted Dane Fannin as its new head of global foreign exchange (GFX)and securities finance within its capital markets business. In his new role, Fannin will be responsible for innovation and business growth across Northern Trust’s suite of GFX and securities finance solutions.
BNY Mellon made two key senior managing director hires into its fixed income and equity sales and trading businesses. He will now manage the entire desk, made up of 14 traders, having previously managed a team of six. Bianca Gould was appointed head of fixed income and equities EMEA, based in London.
UBS shakes up execution services management team structure People moves are always one of our biggest draws in readership, and in October, UBS’ plans to make changes within its execution services business , specifically the electronic trading area, became one of most read stories of the year.
He will join the exchange group as head of secondary markets sales and business development in January 2024, sources have confirmed. Previously in his career, he also spent almost a decade at the assetmanager in an equity trading role until 2006 and later spent nearly four years at SEB.
Taitz joined buy-side OEMS provider Adroit as its head of business operations after seven and a half years with Invesco helming its fixed income trading business. During his time with the assetmanager, Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong.
He will join the exchange group as head of secondary markets sales and business development in January 2024, sources have confirmed. Previously in his career, he spent almost a decade at the assetmanager in an equity trading role until 2006 and later spent nearly four years at SEB.
M&G’s global assetmanagement arm has secured a Securities Investment Consulting Enterprise (SICE) business license in Taiwan, allowing the firm to establish a new office in Taipei as part of its Asia expansion strategy. Lin will be responsible for strengthening M&G’s wholesale and institutional presence in the region.
Head of Europe for UK-based assetmanager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture, The TRADE can reveal. I shall be taking up a more active role in a corporate development and investment advisory position, at an extraordinarily exciting time for the business.
James Hilton has been appointed multi-assetmanaging director in RBC’s low touch team, according to sources familiar with the matter. Prior to joining Credit Suisse in 2006, Hilton spent six years at UBS Investment Bank as a director. The TRADE contacted RBC for comment.
Global assetmanager Robeco leverages a low touch and high touch trading team that spans across three continents. And, like most assetmanagers across the street, its global equity trading desk plays host to a variety of characters, each bringing their own individual string to the wider team’s bow.
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