The Pacific Investment Management Co. (PIMCO) is refining its equities strategies, which will result in the exit of Virginie Maisonneuve, the firm’s chief investment officer for global equities, according to a statement from Douglas Hodge, PIMCO’s CEO. “Equities will continue to be an important part of PIMCO’s investment solutions, including active and enhanced equities which… Read More >>
Macquarie Securities Fills Top Post for Execution
Macquarie Securities, the institutional equities arm of Macquarie Group, has appointed Stuart McWilliam as global head of electronic execution for Macquarie Securities, officials say. McWilliam has responsibility for Macquarie’s market-leading electronic product in Australia. In his new role, he will also be responsible for the continued development of Macquarie’s U.S. and European electronic products, officials… Read More >>
SEC Promotes Acting Head of Investment Management Unit
The SEC reports that David Grim has been named director of the division of investment management. Grim has been the division’s acting director since February, following the departure of former director Norm Champ. Grim joined the SEC in September 1995 as a staff attorney in the division’s office of investment company regulation, according to a… Read More >>
LPL Financial Names First CTO
LPL Financial, a custodian for registered investment advisors that characterizes itself as the largest independent broker-dealer by revenues in the U.S., reports that David Wright has been named executive vice president, chief technology officer (CTO). In his newly created CTO role, Wright will report to Victor Fetter, managing director, chief information officer, LPL Financial officials… Read More >>
Mizuho International Revamps Data Infrastructures
Mizuho International, a subsidiary of one of the largest financial institutions in Japan, has gone live with a security master application from reference data vendor GoldenSource, officials say. The deployment of the Securities & Products application follows the investment bank’s January deployment of GoldenSource’s entity master application, dubbed Customers & Counterparties, officials say. Integrated on… Read More >>
ICAP Veteran Appointed to Virtu Financial Board
Market maker Virtu Financial has appointed John D. Nixon, the former group executive director for Americas at interdealer broker ICAP (US), to its board of directors effective immediately, officials say. Nixon recently announced that he will retire from the ICAP board of directors March 31 of this year, a position he held since May 2008…. Read More >>
Startup OpenFin Fills Key Posts
OpenFin, a startup provider of HTML5 runtime technology for financial services firms, recently announced the hiring of Jen Collet as chief operating officer (COO) Europe; Steve Greenblatt as vice president of North American sales; and the appointments of Paul Humphrey and Aron Miodwonik as strategic advisors. Collet was COO of post-trade risk at interdealer broker… Read More >>
Former Disney VP Joins Vestmark as CFO
Advisory solutions and wealth management IT vendor Vestmark has hired Tiffany Freitas as its new chief financial officer (CFO), officials say. In her new role, Freitas will oversee the financial planning, corporate development, accounting, and investor relations groups, reporting to the CEO, officials say. The moves comes as Vestmark is on a “tremendous growth trajectory… Read More >>
UnaVista Hires from Axiom SL
UnaVista, the London Stock Exchange Group’s matching, reconciliation and regulatory reporting platform, reports that Robert Grant has joined as head of business development, software for Americas. Grant has 25 years of industry experience and most recently served as senior vice president of sales at Axiom Software Laboratories, “where he also led marketing and business development… Read More >>
BNP Paribas Names Deputy COO
Thierry Laborde has been appointed deputy chief operating officer (COO) of BNP Paribas, in charge of domestic markets, officials say. Laborde succeeds François Villeroy de Galhau at the Paris, France-based bank and financial services company, “who has been entrusted by the French prime minister with an assignment on investment in France and in Europe,” according… Read More >>
