National Employment Savings Trust, Candriam Investors Group, Hermes Investment Management, Ortec Finance, Mirae Asset Global Investments, Legal & General Investment Management, Ambienta SGR, Indexx Markets, Barnett Waddingham, Aberdeen Asset ManagementNational Employment Savings Trust (NEST) – Chief executive Tim Jones is to stand down at the end of the year after eight years in charge of the auto-enrolment vehicle. Jones was appointed in October 2007 as head of the Personal Accounts Delivery Authority (PADA), the government body charged with delivering NEST – an auto-enrolment master trust. PADA was renamed NEST in the build-up to auto-enrolment. The organisation said it was commencing its recruitment drive for a successor immediately and hoped to have someone in place by the time Jones steps down.Candriam Investors Group – Matthieu David has been appointed head of Italy, responsible for consolidating the asset manager’s presence in the pension fund and institutional mandates sector. He joins from BNP Paribas Investment Partners, where he was the director of external distribution in Italy. Before then, he held the position of senior client relationship manager at Fortis Investments Management Italia and, prior to that, spent more than 10 years with AXA Group in Italy.Hermes Investment Management – Eoin Murray has been appointed head of Hermes Investment Office, responsible for issuing the ‘kitemark’ given to all new investment strategies. He joins from GSA Capital Partners and previously served as CIO at Old Mutual. He has also held senior positions at Callanish Capital Partners LLP and Northern Trust Global Investments. Ortec Finance – Twan Possen has started at Ortec Finance as a senior consultant on pensions and insurance risk management. Previously, he worked at Aegon Asset Management as a senior consultant for investment solutions for three years, after working for a similar period at Ortec Finance as asset-liability specialist for insurers.Mirae Asset Global Investments – Sander van Ouwerkerk has been appointed head of Benelux and Nordic sales. Based in London, he will target a range of institutional, wealth management, fund of fund and private bank clients. Van Ouwerkerk joined Acadian Asset Management in 2011 as vice-president and director of business development. Before then, he worked at Dimensional Fund Advisers, where he was an institutional client manager.Legal & General Investment Management – Omar Saeed has been appointed senior portfolio manager within the global fixed income team. He joins from Zurich-based Swisscanto Asset Management, where he managed high-yield funds and absolute return portfolios. Before then, he held positions at Western Asset Management, F&C Asset Management, Standard & Poor’s and Habib Bank.Ambienta SGR – Nico Helling has been appointed a partner in Germany. He joins from Vorndran Mannheims Capital Advisors, a European mid-market fund, where he was a partner. Before then, he spent 10 years at Montagu Private Equity, where he was responsible for the investment business in Germany, Austria and Switzerland, as well as Poland and Eastern Europe.Indexx Markets – The managed indices provider has appointed Steve Thomas and Simon Brickles as non-executive directors. They join the board with immediate effect. Thomas is professor of finance at Cass Business School, while Brickles was head of AIM at the London Stock Exchange from 1994 until 2003.Barnett Waddingham – Pete Smith has been appointed to the investment consulting team as the company expands in Scotland. Based in Glasgow, he joins from Aon Hewitt’s investment consulting business.Aberdeen Asset Management – Mike Brooks has been appointed co-head of Diversified Growth along with Mike Turner. Brooks joins from Baillie Gifford, where he was the co-founder and an investment manager on the Baillie Gifford Diversified Growth Fund.
THE father of an autistic boy, who-self harms, is threatening legal action to have his son’s classroom support restored.by ANITA GUIDERA, IRISH INDEPENDENTGarbhán Hutchinson (14) who is non- verbal, doubly incontinent and requires 24- hour-care, had to be hospitalised recently after banging his head against a classroom wall. In another incident, a Special Needs’ Assistant(SNA) at St Cecilia’s School in Sligo where he is a pupil, was treated in Casualty following a violent outburst by the teenager.Despite these incidents, the school was informed in a letter last week that Garbhán’s SNA support has been reduced by 16 hours, from 1.25 to .75 of an SNA, to be shared with other children.The reason cited was “reduction in care needs”.The National Council for Special Education(NCSE) is currently allocating SNA’s for the coming school year but with a recruitment cap on the 10,575 assistants currently in the system, parents fear hours may be reduced in some cases. Lorraine Dempsey from the Special Needs Parents’ Association said last night that “short sighted fixes” due to austerity measures would result in whole school populations suffering.“Parents of new pupils entering the education system are terrified of the prospect o their frive or six year old child not being allocated an SNA to meet their care needs next September,” she said.Garbhán’s father, Chris Hutchinson from Bundoran, Co Donegal, has told the Minister for Education and Skills, Ruairi Quinn that he will go to the courts to get equality for his son.“As a direct result of the decision that has been taken, I believe the Department is now in breach of my son’s educational rights under Article 42 of the constitution, and he is being placed in danger,” he said.Mr Hutchinson said his son, who is on psychiatric drugs to control his mood swings, was extremely strong and required at least one Special Needs’ Assistant, preferably male, with him at all times while at school. “He has to wear a boxing helmet to protect his head due to his extreme self injurious behaviour, which is getting worse,” he said.Last November the teenager, who is also tube fed, was hospitalised after banging his head repeatedly against a wall in the classroom.“He could end up getting killed. Is it going to take the death of a child for this government to stop these obscene cuts,” an emotional Mr Hutchinson asked yesterday.Sinn Fein TD, Pearse Doherty, who will raise the matter with Mr Quinn next week, described the proposed reduction against a backdrop of “propping up zombie banks” as “appalling”. “If this is a benchmark, then people with children with special needs should be very worried,” he said.A spokesperson for the Department of Education and Skills pointed out that there has been no reduction in the overall number of SNAs, while expenditure on the scheme increasing by 922 per cent in the eight year period up to 2009.“It is considered that with equitable and careful management and distribution of these resources that there should be sufficient posts to provide access to SNA support for all children who require such care support to attend school, in accordance with Departmental criteria,” she said.-end-FATHER THREATENS LEGAL ACTION UNLESS SON’S CLASSROOM SUPPORT IS RESTORED was last modified: May 17th, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)