ING Investment Management poaches convertible bond team from rival

first_imgHans Stoter, the asset manager’s CIO, said he expected to focus on yield, low volatility and limited downside risk in the current investment climate.“Convertible bonds fit very well within this environment and provide an excellent complementary strategy to our product suite,” he added.Stoter praised Saber and Van Ingen as “seasoned investment experts”.Saber has nearly 30 years’ experience in the convertible bond market, launching APG’s corporate opportunity strategy fund.He has also worked at HSBC Investment Bank as its global head of convertible bonds and was head of European convertible bonds at Schroder Securities.For his part, Van Ingen spent six years at APG working on the corporate opportunity strategy fund launched by Saber, but also as a hedge fund portfolio manager in APG’s New York office.Both will be based in London. ING Investment Management has poached the team in charge of a rival convertible bond vehicle, growing its range of funds.Tarek Saber, whose move to ING IM was confirmed last week, will be joined at the asset manager by Jasper van Ingen.Both joined previous employer Avoca in 2011 from Dutch civil service scheme APG.They joined ING IM in November – Saber as investment team manager for convertible bonds, Van Ingen as senior portfolio manager for convertible bonds.last_img read more

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Aon Hewitt Switzerland loses head of investment consulting

first_imgHe has been with Aon Hewitt for a number of years but initially worked at Watson Wyatt, which promoted him to partner in 2003.At the firm, he was also head of investment consulting.Thurnherr noted Zaugg would not be immediately replaced, as Dominique Grandchamp – who in February was appointed head of the department for French-speaking Switzerland, or Romandie – would be able to cover both.“We are not actively looking for a replacement right now,” Thurnherr said.Grandchamp previously worked at rival consultancy Mercer and is currently based in Geneva.He has worked as a management consultant at PwC and a relationship manager at Harcourt Investment Consulting.Prior to joining Mercer in 2011, he spent four years as CIO at Nara Capital, a fund of hedge funds manager. Aon Hewitt Switzerland is set to lose one of two heads of investment consulting, IPE understands.Willi Thurnherr, chief executive at Aon Hewitt Switzerland, confirmed Beat Zaugg’s departure to IPE.When asked about a timescale for Zaugg’s departure, Thurnherr said it would be over the course of the summer.Zaug is currently head of the investment consulting business for German-speaking clients in Switzerland, based in Zurich.  last_img read more

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Lady Bulldogs Fall To Lady Bengals In MS VB

first_imgThe BMS 7th grade volleyball team lost a tough fought battle against the Greendale Bengals by scores of 23-25, 25-15, 15-13.Serving was led by Jade Plum with 14/14 and 9 pts, followed by Macy Prickel with 8 pts and Abby Westerfeld and Sydney Huffner both contributing 4 pts each. Abby Westerfeld set up our front line earning 8 assists. The leading attacker for the night was Macy Prickel with 20/26 hits and 3 kills. Other contributors at the net were Anna Bauer with 3 kills and Ellie Cassidy with 2 kills.Everyone played their hearts out and gave it all they had and should be proud of their accomplishments this year.Courtesy of Bulldogs Coach Molly Waechter.last_img read more

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