Connect with us

SWFI – Movers and Shakers – March 1, 2017

Published

on

Wilbur Ross Named 39th United States Secretary of Commerce

Wilbur Louis Ross Jr. was sworn in as the 39th United States Secretary of Commerce. By a vote in the U.S. Senate of 72-to-27, Ross was confirmed. Ross had extensive experience in bankruptcy-restructurings working at Rothschild Investments and eventually forming WL Ross & Co.

MarketAxess Grows, Names Head of Europe and Asia

Electronic trading venue MarketAxess Holdings Inc. hired Christophe Roupie as head of Europe and Asia. This is a new position and he will report to MarketAxess CEO Richard M. McVey. Before this role, he was at a Swiss family office and was Global Head of Trading and Securities Financing at AXA Investment Managers.

BNY Mellon Hires JPMorgan Veteran to Lead Financial Institutions Group in Japan

Yoshiyuki Shimoyama is joining BNY Mellon Investment Management to become the new head of financial institutions group, Japan. He will be based in Tokyo and report to Shogo Yamaguchi, Chairman and President of BNY Mellon Investment Management, Japan, and Lindsay Wright, Head of Distribution and co-Head of BNY Mellon Investment Management, Asia Pacific. Shimoyama replaces Atsushi Horiike.

Before joining BNY Mellon, Shimoyama was at J.P. Morgan Asset Management Japan, starting back in 1990 when he joined the firm Morgan Guaranty Trust Company of New York.

ADIA Recruited Former SSgA EMEA Trading Head

Dale Brooksbank, the former Head of European Trading at State Street Global Advisors (SSgA), joined the Abu Dhabi Investment Authority (ADIA) back in October 2016. He left SSgA in July 2016. Dale Brooksbank is ADIA’s head of equities trading, working in the central dealing department. Before SSgA, Brooksbank had previously worked at Legal & General Investment Management in equities and derivatives trading.

Former KIC Executive Moved to Amundi

Andrew Duyoung Kim, the former Head of Fixed Income Investments at the Korea Investment Corporation (KIC), joined NH-Amundi Asset Management in February 2017 as head of overseas fixed income investments. Kim had been at the KIC since 2006. Before the KIC, Kim was a Portfolio Manager at Samsung Asset Management.

Johns Hopkins University Appoints New Chief Investment Officer

Johns Hopkins University named Jason T. Perlioni as its new vice president for investments and chief investment officer.

Saudi Arabia Sends Second Installment of Aid to Pakistan

Published

on

On December 14, 2018, Pakistan received its second installment of the US$ 3 billion in aid promised from Saudi Arabia on October 23, 2018. The US$ 1 billion given on December 14th boosted the foreign reserves of the State Bank of Pakistan, which went from US$ 7.2 billion to US$ 8.2 billion. The first installment was given on November 23, 2018. The last installment is expected to occur in January 2019.

Continue Reading

White House Nominates Heath Tarbert for CFTC Chairman

Published

on

The White House announced Heath P. Tarbert will be nominated to serve as Commissioner and Chairman of the Commodity Futures Trading Commission (CFTC). Tarbert currently serves as Assistant Secretary for International Markets at the U.S. Treasury Department. Before joining the U.S. Treasury, Tarbert was a Partner at law firm Allen & Overy. Tarbert was confirmed by the U.S. Senate for his current Treasury post at 87 (yes) to 8 (no).

Upon Senate confirmation, Tarbert’s CFTC term would start on April 14, 2019 and last for five years. Tarbert is taking over from J. Christopher Giancarlo whose term ends in April 2019. Tarbert will need a U.S. Senate confirmation to take the head CFTC post.

Continue Reading

KIA Could Sell Stake in North Sea Energy Business

Published

on

The Kuwait Investment Authority (KIA), through its unit Wren House Investment Management, is nearing a deal to sell a 40% stake in its North Sea energy business to JPMorgan Asset Management. In July 2018, KIA closed on a deal to acquire oil and gas pipeline firm North Sea Midstream Partners from ArcLight Capital.

More details to follow –

Continue Reading

Popular

© 2008-2018 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.