This week’s overview of transfers, appointments and promotions includes updates from Alumia, Wealth Management Partners and Newton Investment Management.
Roger De Passe
Roger De Passe has been named as the new Director of Distribution for the Benelux market at Alumia, a unit of Universal-Investment that advises asset owners. His arrival promises substantial benefits for Alumia, including growth, expansion into new markets, and the delivery of innovative investment solutions to institutional and wholesale clients.
Prior to joining Alumia, De Passe held prominent positions in the fund distribution business with organisations such as AXA IM, Generali Investments, Standard Life Investments, and Nordea Asset Management. Notably, at Nordea, he was instrumental in setting up and managing the Belgian office, solidifying his reputation as a seasoned expert in the field.
De Passe’s hire is a strategic response to Alumia’s recent collaboration with distinguished asset managers, including Sissener, a respected Nordic Asset Manager, Mandatum, with expertise in Sustainable Senior Secured Loans, and Schelcher Prince Gestion, with expertise in Infrastructure Debt.
«We are confident that Roger’s appointment will be instrumental in driving our business forward,» said David Saab, CEO of Alumia. «His arrival aligns perfectly with our growth strategy and client-centric approach. By expanding our presence in the Benelux market and delivering innovative investment solutions, we are well-positioned to meet the increasing demands of our clients and foster growth for Alumia and our clients.»
Olympia den Hartog
Wealth Management Partners (WMP) has welcomed Olimpia den Hartogh (photo) to its board. Den Hartogh was already director of Private Markets and partner. Under her leadership, that department grew to a total of around two billion euros of committed capital over the past six years, with a team of 15 colleagues. According to WMP, her activities were a not to be underestimated factor for the company’s success in the recent period. An application will be submitted to regulators at a later stage to include Den Hartogh in WMP›s statutory board.
Liliana Castillo Dearth
Liliana Castillo Dearth has recently taken the helm as the head of emerging markets and Asia equities at Newton Investment Management Ltd, part of BNY Mellon Investment Management. With a rich background at Wellington Management and AllianceBernstein, Dearth brings a wealth of experience in equity strategy management and insight into the sustainable development of emerging markets.
Newton has recognized that Dearth’s forward-looking approach is in harmony with their dedication to meticulous research in stock selection and the pursuit of long-term investment value. John Porter, Newton’s chief investment officer of equities, welcomed Dearth with open arms, noting her consonance with the company’s core investment values. Likewise, CEO Euan Munro highlighted the critical significance of emerging markets and Asia in Newton’s overall strategy and voiced his trust in Dearth’s crucial influence on the equity team.
In her new role, Dearth is set to collaborate closely with portfolio managers Alex Khosla and Zoe Kan, alongside investment analysts Fei Chen and Aditya Shah.
Share your appointments and staff announcements to editor@investmentofficer.lu.