People
Two investment professionals, Alexander Renwick and Charlie Baillie, have launched Daymer Bay Capital, with the aim of bringing a new level of professionalism to third-party funds marketing in Europe.
Alexander Renwick was previously a director at the third-party funds marketing agency Aravis Capital and Charlie Baillie was a client associate at Aberdeen Standard Investments.
Daymer Bay Capital’s approach has already been welcomed by the investment community with two fund managers, Granahan Investment Management, a small-cap specialist based in the US with over USD1.7 billionn assets under management, and Guinness Asset Management, a UK based long only equity manager with
Adam Hewitson (pictured), has been appointed as the new Chief Executive Officer (CEO) of UK accountancy and professional services provider Throgmorton, part of Link Asset Services.
The current Chief Operating Officer (COO) and Deputy CEO of the business, Hewitson replaces Andrew Rubio who will move to the newly created position of Chairman, both positions effective on 1 October 2018.
Rubio joined Throgmorton in 2002 to establish the accounting function at the business and was subsequently appointed CEO in 2009. Andrew has been instrumental in Throgmorton’s continuous growth, overseeing the business as it has grown from three to over 145
FundRock Group has hired Paul Spendiff as the new Group Head of Business Development, based in the firm’s London office.
Spendiff (pictured), is an experienced managing director and entrepreneur with more than 20 years of experience in financial markets and services. He has extensive knowledge of the European regulatory landscape and investor drivers for both the alternative and traditional fund management spheres.
Spendiff has worked with clients from around the world looking to establish European management and fund structures for both open and closed ended funds. He is a regular commentator in the financial press and speaks regularly at
Experienced global portfolio manager Paul Sloane is rejoining active equity specialist Martin Currie’s Global Emerging Markets (GEMs) team as a portfolio manager.
Martin Currie’s flagship emerging market equity strategy has outperformed the MSCI Emerging Markets Index over all time periods since the team began managing the strategy in October 2010.
Sloane brings a wealth of experience having previously worked at Martin Currie for 14 years, most recently as co-manager of the firm’s global alpha strategy. He joins on 13 August and will take on coverage of the financials sector.
Willie Watt (pictured), Chief Executive at Martin Currie, says:
Mill Hill Capital (Mill Hill) has appointed Nick Pepe, a 13 year veteran of Citigroup’s Global Securitised Markets Division, as Partner, Managing Director, Head of Business Development and Head of Investor Relations. Pepe will start with Mill Hill in September 2018.
Mill Hill is based in New York and focuses on market-neutral relative value investments in US Credit and navigates in both corporate and securitised markets. The company, an investment adviser to private investment vehicles, was founded in 2015.
As the Head of Business Development, Pepe will be focused on participating in the creation of new funds, discussing new opportunities
Pillar Capital Holdings Limited (Pillar), a Bermuda-based insurance asset manager focused on collateralised reinsurance and catastrophe insurance-linked securities, has appointed Jeff Franklin as Chief Underwriting Officer (CUO), effective immediately.
Franklin joined Pillar as SVP & Portfolio Manager in 2013. He has extensive experience in global property underwriting, including a CUO role prior to joining Pillar where he developed a company’s international book of business and oversaw its international property catastrophe portfolio.
IA statement from the Pillar Board of Directors, says: “Jeff has played an integral leadership role in expanding Pillar’s market presence and leading the development of our portfolio
LiquidX has opened new offices in London and Singapore and established a New York-based desk exclusively focused on Latin American transactions.
“Clients around the world are recognising the power of doing business on the LiquidX marketplace,” says Glenn Kocher (pictured), Global Head of Sales at LiquidX. “We’re rapidly ramping up to better serve our clients, no matter where they are located. It is a tremendous opportunity for us but we are also excited to be able to provide the global infrastructure our clients demand.”
The firm now offers the ability to process transactions in 25 separate legal jurisdictions and
AcadiaSoft has appointed Lee McCormack (pictured), as Head of Collateral Product Management and Professional Services. He will be responsible for extending AcadiaSoft’s CollateralManager service to new customers and further expanding its capabilities for buy-side firms.
“We are thrilled to have Lee on board to lead our collateral product management team,” says Scott Fitzpatrick, Director of Collateral Business and Client Operations. “Lee’s extensive experience in post-trade market infrastructure, counterparty risk management and collateral management will be tremendous assets as we continue to roll out CollateralManager to buy-side clients and grow our collateral product business.”
McCormack was part of the six-person
Specialist fixed income manager, BlueBay Asset Management (BlueBay), has appointed Gautam Kalani to the newly created role of Emerging Market FX Strategist.
Based in London, Dr Kalani will join the five-strong EM strategist team, reporting to Senior Sovereign Strategists Timothy Ash and Graham Stock, and will be responsible for analysing and shaping global FX positioning across BlueBay’s emerging markets investment strategies. His previous experience as an economist and FX strategist augments the team’s existing technical and fundamental expertise.
Polina Kurdyavko (pictured), Head of Emerging Markets at BlueBay, says: “Gautam’s appointment is a key new addition to BlueBay’s local markets
The Depository Trust & Clearing Corporation (DTCC) is to open a new office in Dublin, Ireland, to continue providing an authorised regulatory reporting service for clients in the EU27 and the UK post-Brexit.
DTCC offers a Global Trade Repository (GTR) service for over-the-counter and exchange traded derivatives reporting – the largest trade repository in the world.
“DTCC has had a strong presence in Europe for over two decades, including in London, Wrexham, Brussels, Frankfurt and Stockholm. Our continued growth and desire to get ahead of new regulatory obligations, because of Brexit, now takes us across the Irish Sea to