Fidelity appoints new equities heads
Fidelity Worldwide Investment has appointed Paras Anand as head of pan-European equities and Richard Lewis as head of global equities.
These two new positions, which report to Dominic Rossi, chief investment officer (equities), represent further strengthening of the existing 60-strong European based equity portfolio management team.
Anand will join the company in the new year to manage the UK and continental European equity portfolio management teams based in London, Paris, Frankfurt and Milan.
He is presently head of European equities at F&C, managing a team of portfolio managers, analysts and other investment professionals.
Prior to this, he headed up Deutsche Asset Management’s European equities team in New York and previously worked at HSBC Alternative Investments where he managed a UK market neutral hedge fund. He started his career in the UK institutional investment team at Invesco.
Lewis will join in November to manage the global emerging market and global equity portfolio management teams.
He spent nearly a decade at New Star Asset Management up to its take-over by Henderson.
He was co-head of New Star Institutional Managers, responsible for a team of 15, which at its peak managed $12bn, primarily in international equities for North American clients. Lewis has 25 years’ industry experience as an analyst and equity portfolio manager.
Prior to New Star, he was CIO equities at institutional money manager WorldInvest, which was acquired by New Star.
He began his career with Capel-Cure Myers in the UK as a European equity analyst and portfolio manager.
Troika Dialog appoints co-head of investment banking
Troika Dialog has appointed Todd Berman as managing director, co-head of investment banking.
Berman will work alongside Igor Sagiryan to maintain and build upon Troika Dialog’s work advising Russian and international institutions, helping them to access capital markets and achieve their strategic objectives. He was due to take up this position this month.
Todd brings over two decades of experience in the financial services industry to the company.
He was global co-head of media & telecoms, and EMEA head of media, telecoms & technology, at Bank of America Merrill Lynch, responsible for client coverage and transaction execution as well as managing one of the top three global investment banking teams with professionals in Europe, the Americas and Asia Pacific.
He has previously served as head of emerging Europe, Middle East & Africa at Citigroup as well as group head of communications investment banking in EMEA at Lehman Brothers.
Berman’s appointment is the latest of several recent senior hires at Troika Dialog including: Chris Weafer as chief strategist, Olga Klimov as global head of equity sales and James Corrigan and Anton Malkov as managing directors in investment banking.
Iveagh strengthens investment team
Iveagh Private Investment House, the Guinness family office and asset management boutique, has appointed William Beverley to its investment team.
He will have overall responsibility for macroeconomic and quantitative research including the proprietary models and technology which play a key part in the company’s investment strategy.
Beverley’s background and experience in quantitative strategies and macroeconomic research will strengthen the company’s investment capability, a statement said.
He will report to Chris Wyllie, chief investment officer. He has 12 years’ experience in investment banks.
At Morgan Stanley Investment Management, he developed portfolio analytics and asset allocation models for wealth management, and at Barclays Capital he was senior quantitative strategist in a team managing $2.5bn in multi-asset class quantitative strategies and Ucits funds.