Mattimore picked to run hedge risk desk
Gartmore has appointed John Mattimore to the newly created position of head of hedge fund risk management. He will be responsible for all hedge fund and fixed income risk management.
He joins Gartmore from the Cable & Wireless Financial System Risk Division, where he was director, financial institutions solutions.
Prior to Cable & Wireless, he co-founded the private hedge fund, BBS Investments, where he oversaw all trading and risk management procedures across traditional and non-traditional investment products with particular focus on emerging markets.
Russell promotes Hanly and Strong
Russell Investment Group has promoted Tom Hanly to chief investment officer and Hal Strong to chief financial officer. Both appointments are effective from January 2004.
In addition, Paul Reynolds has been named managing director, institutional investment services, effective immediately.
All three are based in Russell’s US head office.
Mr Hanly, who joined Russell in 1997, has been the firm’s chief financial officer and chairman of Russell/ Mellon Analytical Services since 1999.
Mr Strong joined Russell in 1990 as head of investment banking at Frank Russell Securities. In 1995, he formed Russell Capital.
Mr Reynolds joined Russell in 1995 and currently heads the company’s implementation services unit, a position he will retain.
Cook named as CEO of DeltaCredit Bank
James Cook has been appointed as chief executive officer of DeltaCredit Bank. He is currently chairman of the board of directors and senior vice-president of Delta Capital Management/The US-Russia Investment Fund.
Brown takes up senior role at NTGI
Northern Trust Global Investments (NTGI) has appointed Gavin Brown as senior portfolio manager in London.
Mr Brown will lead the research and development of NTGI’s global, European and non-US enhanced and quantitative models.
He will report dually to Eoin Murray, NTGI’s European head of quantitative management based in London, and Jeremy Baskin, global head of NTGI’s enhanced indexation business, at global headquarters in Chicago in the US.
Mr Brown joins NTGI from Old Mutual Asset Managers where he was global portfolio manager. Previously, he held investment manager and senior research and quantitative analyst roles at PanAgora Asset Management, ED&F Man Financial Servicesand Prudential Portfolio Managers.
Bloom and Crispin sign for BNY
Ray Bloom and Jeff Crispin have joined the Bank of New York (BNY) as vice-presidents in its UK pension funds team. They will act as senior relationship managers, responsible for presenting new ideas to BNY’s UK pension fund clients.
Mr Bloom was head of UK pension fund services at State Street, where he was responsible for relationship management, business development and servicing of pension funds, charities and local authority clients.
Mr Crispin joins from JPMorgan Chase, where he developed and implemented strategies to increase awareness of financial products within the pensions sector.
Favaloro switches to Fortis from CSAM
Fortis Investments has appointed Andrea Favaloro as its new head of sales for Italy, based in Milan.
Mr Favaloro joins from Credit Suisse Asset Man-agement Milan, where he has been head of institutional sales since 2000.
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Favaloro: head of sales for Italy |
