Natixis boosts European presence with new hires
Natixis Global Associates has added five staff to manage key accounts in Europe, and announced a 20% increase in employees since the start of the financial crisis.
In addition to its extra employees, the distribution arm of $719bn manager Natixis Global Asset Management is making London its global hub for key accounts.
Hervé Guinamant (above), president and chief executive officer of NGA International, said his unit’s expansion came at the same time many rivals – often in London – cut staff.
He said: “London serves as the major axis for international investment decisions and leading financial research. It simply is the location of choice to leverage partnerships with key global decision makers.”
NGA also announced five appointments to bolster its European business. Two will be based in London.
Ed Farrington has been appointed managing director, global key accounts, and will seek to expand cross-border sales of Luxembourg- and Dublin-domiciled mutual funds. Farrington was executive vice president for NGA’s US distribution organization, having worked previously at Fidelity Investments, Pioneer Investments and PaineWebber.
NGA has also hired Nick Hinds as director for global key accounts. He has worked in London and Asia for rivals including Invesco, Fidelity Investments and Jupiter Investments.
In Frankfurt, Gerald Saam has joined NGA as sales director for institutional business, having held similar roles at Threadneedle and Franklin Templeton.
Lennart Benson has been appointed in Stockholm as head of sales and country manager for the Nordic countries. He has previously worked at Asia Growth Investors, Carnegie Asset Management and Merchant Asset Management.
Saam and Benson will report to Joerg Knaf, head of northern Europe for Natixis Global Associates in Germany.
Michele Arezzi, who has joined NGA as director of institutional sales at NGA Italy in Milan, will report to Antonio Bottillo, managing director, Natixis Global Associates Italy. Arezzi most recently worked at Barclays Global Investors.
Since 2008 NGA has also opened offices in Stockholm and Taipei.