People Moves Monday: Millennium, Schroders Wealth Management, Northern Trust Asset Management and more…

The past week saw appointments across trading, private wealth, quantitative strategies and event-driven trading.

Umair Khan Marwat joined Millennium as a trader, following almost two and a half years at Balyasny Asset Management. Hong Kong-based Marwat previously worked at Credit Suisse, focused on AES, algorithmic, and direct market access (DMA) trading, before joining Balyasny Asset Management in 2021 as a trader. His career also included a stint at AlphaSights as a junior associate for the APAC region.

Samuel Tring is set to join Schroders Wealth Management multi-asset trading team, focusing on private wealth, following three years at Evelyn Partners. His new role comes amid Schroders’ shift of its operations from Zurich to the London office, wherein a team of four is set to be put in place, The TRADE understands. Tring previously worked as a junior trader for Smith & Williamson before moving onto Evelyn Partners where he worked across a range of asset classes. He has also previously worked for Aviva Investors as a transaction reporting analyst.

Guido Baltussen was appointed international head of quantitative strategies at Northern Trust Asset Management, a newly created role in which he will oversee EMEA and APAC. He reports to Michael Hunstad, global equities chief investment officer and deputy chief investment officer of Northern Trust Asset Management, according to the business. In this role, Amsterdam-based Baltussen is set to focus on quantitative research and innovation, thought leadership, and investment strategy, leveraging his extensive factor investing expertise. Prior to this move, Baltussen was head of equity factor investing and co-head of quantitative fixed income at Robeco and before that spent three years at NN Investment Partners, most recently as head of quantitative research for multi-asset strategies. His experience also includes a stint as quantitative investment strategist at ING Investment Management. 

Olivetree has made a number of new hires for its event-driven trading team in London. David Lackenby joined as head of event-driven sales trading and Mark Brodie joined as an event-driven sales trader. Both joined from Wall Street giant Citi and will be working alongside Tim Caulton. Lackenby previously worked at Market Securities and Cantor Fitzgerald while Brodie was employed by brokers BTIG and United First Partners, and investment banks Jefferies and Bear Stearns, prior to joining Citi.

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