HSBC Global Asset Management
HSBC GAM has appointed Adrian Gordon as head of institutional, reporting to chief executive Andy Clark. Gordon was previously head of institutional business at BNY Mellon Investment Management and he has also held senior roles at OppenheimerFunds and Barclays Global Investors (now Blackrock).
Gordon replaces Stuart White, who – after five years – has moved internally to become head of strategy for HSBC GAM and has joined the leadership team and global executive management committee.
HSBC GAM has also named Nishant Upadhyay as its new head of the global emerging markets debt team, replacing Guillermo Ossés, who has moved to Man GLG.
Upadhyay joined HSBC’s New York-based team in October 2015 having previously spent 11 years as a portfolio manager at PIMCO.
Man GLG, the discretionary investment management business of Man Group, has hired HSBC GAM’s head of emerging market debt portfolio management, Guillermo Ossés. He will report to co-chief executive Teun Johnston.
Ossés brings 24 years’ experience in emerging markets fixed income investing. He joined HSBC in 2011 and led the firm’s emerging markets fixed income capabilities, managing in excess of $20bn (£14bn, €18.5bn).
Prior to HSBC, Ossés was an emerging markets fixed income portfolio manager at PIMCO and held emerging markets positions at Barclays Capital and Deutsche Bank.
Gerald Koh, director of private bank distribution for Schroders in Singapore, will step down from the company in March 2016.
A search for his replacement is currently underway.
Guernsey-based fund service provider Orangefield Legis has appointed Julian Carey as head of client services.
With more than 20 years’ experience in the international finance industry Carey possesses a wealth of knowledge of some of the island’s key markets.
He began his career in fund administration with Credit Suisse in Guernsey, later moving to HSBC Securities Services where he was company secretary dealing with corporate governance and regulatory matters across a wide range of hedge, private equity and listed funds.
In 2008 he established the New York office for Augentius Fund Administration, later relocating to Hong Kong to found the Asian fund administration business of IAG.
Carey merged IAG’s Far East business with the Tricor Group, the largest corporate services provider in Asia. He continued to build the book of business for Tricor IAG in the Far East before returning to Guernsey last year.
Barclays Bank has made two senior appointments in its offshore Jersey-based corporate team. Scott Monks and Kris Moors have been appointed relationship directors and will have responsibilities for complex and diverse portfolios of multi-national corporate clients.
Their customers operate in various sectors and countries, with a significant proportion in the natural resources sector, Africa, and emerging markets.
Monks has worked at Barclays for 10 years having joined the Bank in 2005. Before moving to Jersey in October last year he was based in the North West where he managed a portfolio of clients with up to £100m turnover.
Moors joined Barclays in 2007 and has worked in the offshore corporate team in Jersey since June 2014. Before moving to the island, he held the role of relationship director in Barclays’ corporate team in the Midlands.
In a letter to clients, David McKenzie, head of international distribution at Isle of Man-based Premier Group, announced that he has stepped down from his role.
Alliance Trust Savings
Alliance Trust Savings has added to its executive team with two appointments: Ed Carey as sales director and Peter Docherty as risk and compliance director.
These appointments complete the executive team following the decision for Alliance Trust Savings to become a standalone business with its own management and independent board.
Carey, who will be responsible for the intermediary and partnership channels, has more than 20 years’ experience in investment, pensions and platforms. He joins Alliance Trust Savings from specialist pension provider City Trustees, where as managing director he refocussed the business to become a more platform-based service for IFAs.
Prior to that he spent 12 years at Cofunds in various sales roles, culminating in head of distribution and development.
Docherty has worked in financial services for over a decade, holding various risk management roles with KPMG, Lloyds Banking Group and AEGON as well as direct regulatory experience with the FSA.
Immediately prior to joining Alliance Trust Savings, he was chief risk officer at Scottish Friendly, with executive responsibility for second line of defence risk and compliance activity, focusing on both prudential and conduct risks across the business.
Sesame Bankhall Group
SBG has appointed Jeff Woods business development director, reporting to sales director Mark Graves.
Joining from Vitality Life, where he is currently national accounts director, Woods has 25 years of industry experience. He started his career at RoyalSun Alliance and has held senior positions at Linear Mortgage Network, Pink Home Loans, and PruProtect.
In addition to Woods’ arrival in February, the group has also appointed two new business development managers and two regional sales managers.