People
SS&C Technologies has hired Stewart Bent to manage SS&C GlobeOp’s fund administration business in Asia.
Based in Hong Kong, Bent will report to Nandini Sankar, managing director and head of SS&C’s alternatives business for the Asia Pacific region.
“We are pleased Stewart has joined our growing team. He brings more than 20 years of experience and deep expertise both in the alternatives industry and within the region,” says Sankar. “We service a wide array of asset and fund managers, from independents to institutions. With a broad background in those markets, Stewart is charged with growing the business as well
International law firm Withers has hired Andrea Luciano as a partner and head of financial services and investment funds in its Milan office.
Luciano joins the firm from King & Wood Mallesons SJ Berwin, where he headed the Italian financial markets group.
Luciano has extensive experience in capital markets/debt matters, securitisation transactions and private equity, venture capital and hedge fund formation. He also has extensive experience of financial market regulation, compliance and AML procedures.
“We are delighted to welcome Andrea to our rapidly growing Italian team," says Withers’ Italian practice managing partner Roberta Crivellaro. "Andrea's expertise in financial
F Mark Fucci and Anne-Marie Godfrey are to join law firm Akin Gump’s Hong Kong office.
Fucci joins as a partner in the financial restructuring practice, while Godfrey is as a partner in the investment management practice.
Both Fucci and Godfrey are joining Akin Gump from Bingham McCuthcheon bringing the total number of partners switching between the two firms to 28.
The firm announced the forthcoming arrival of 22 partners in London, Hong Kong and Frankfurt on 17 September and four additional partners in London and Hong Kong on 22 September.
All 28 partners are expected to
Context Asset Management has appointed Andrew Wert as managing director and senior portfolio manager for single-manager funds.
In his new role, Wert is responsible for the investment management of Context's single-manager products, including portfolio structure and design, sub-adviser selection, due diligence and risk management.
Context launched its inaugural product, the multi-manager and multi-strategy Context Alternative Strategies Fund (CALTX), earlier this year.
"Andrew has nearly two decades of experience leading asset allocation, risk management and proprietary trading for financial institutions and endowments, which uniquely positions him to help us expand our product offerings," says John Culbertson, managing director and
BlueCrest’s Leda Braga is to leave the USD27bn hedge fund operation to separately run her USD8.3bn systematic fund BlueTrend, plus the smaller BlueMatrix fund, under a new company called Systematica Investments.
Systematica Investments will be majority-owned by Braga and her team, with BlueCrest holding a minority economic interest. Braga’s 100-strong team will continue to be based in Geneva. The move will allow Braga and her team to concentrate on developing systematic trading strategies with competitive fee structures.
BlueCrest founder Mike Platt will continue to oversee the company’s remaining USD17.8bn of AuM, including the AllBlue and BlueCrest Capital International funds.
PIMCO co-founder and CIO William H Gross is leaving the firm to join Janus Capital Group where he will manage the recently launched Janus Global Unconstrained Bond Fund and related strategies.
Gross joins Myron Scholes, PhD, and other members of the Janus team focused on global asset allocation. His employment will be effective 29 September, 2014 and he will begin managing the Janus Global Unconstrained Bond Fund and related strategies from 6 October, 2014.
PIMCO has a succession plan in place and its Management Board, comprised of its Managing Directors, is expected to confirm shortly the election of a new
Lombard Odier Investment Managers (LOIM) has appointed Andrea Argenti as country head for its business in Italy, effective December 2014.
Argenti joins from BlackRock Investment Management where he spent the last 14 years and since 2006 was head of retail Italy for that business.
Before joining BlackRock in 2000, Argenti was a sales manager at Société Générale Asset Management in Milan and began his career at Alcor, Solvay Group.
He will be based in Milan and report to Hubert Keller, chief executive of LOIM and a managing partner of Lombard Odier.
“Italy is a key market for
Deloitte has strengthened its hedge fund practice with two key appointments for the UK and EMEA regions.
Chris Farkas joins Deloitte as UK hedge fund leader. He was Deutsche Bank’s European head of hedge fund consulting in its prime brokerage group, working with global top 100 hedge funds and significant hedge fund start-ups.
Prior to Deutsche Bank, Farkas was head of sales at GlobeOp and executive director on the Goldman Sachs European hedge fund consulting team.
Farkas’ appointment follows the announcement that Deloitte’s Brian Forrester will take on the role of hedge fund leader for the Europe, Middle
BTIG is expanding its futures and commodities desk with the hires of Eric Silverman and Jordan Lichtenstein.
Silverman and Lichtenstein are based in BTIG’s New York office and will report to Robert Gagnon, head of commodity futures.
“These hires complement the expertise of the futures and commodities desk and will broaden our reach into the energy segment of the futures and OTC market,” says Gagnon. “Between Eric’s buy-side experience and Jordan’s sell-side experience, we can offer our clients balanced insight from both the institutional and commercial client base.”
BTIG launched its futures and commodities trading desk in 2010
SEI has appointed Andrew Daly to the firm’s US institutional advisory team.
Daly serves as a client investment strategist and is responsible for working with SEI's institutional retirement, foundation, endowment, and healthcare clients on their alternative portfolio strategies, providing strategic advice on various investment vehicles for their unique goals and objectives.
The role is new to the advisory team and was created to support the expansion of SEI's alternatives solution for its investment outsourcing business. SEI currently has more than 475 institutional outsourcing clients worldwide, representing USD74.1 billion in assets under management.
"As SEI's investment outsourcing business continues
