People Moves Monday: Morgan Stanley Investment Management, Legal & General Investment Management, Goldman Sachs and more…

The past week saw moves across equities, outsourced trading and high touch sales trading.

BNY Buy-side Trading Solutions 

Legal & General Investment Management (LGIM) equity and foreign exchange trader Jamie Jones is set to leave the firm to join BNY’s expanding outsourced trading refit, as revealed by The TRADE.

BNY declined to comment on his appointment.  

Jones has been with LGIM for almost three years, based in London. Previously in his career, he spent nearly eight years at 7IM in a data and documentation administration role and later as a senior multi-asset trader. 

He is set to join BNY’s Buy-side Trading Solutions (BTS) unit in the coming months, The TRADE understands.  

Bank of America Merrill Lynch 

Paul Kilfoy has joined Bank of America Merrill Lynch as director, senior sales trader. The move sees Toronto-based Kilfoy join the firm from Stifel, where he had worked for almost five years.

During his time at Stifel, Kilfoy served as a managing director in trading, covering liability and sales trading. Prior to this, he worked as a principal, sales trader at Eight Capital from August 2016 to March 2020.

Previously in his career, Kilfoy also spent a decade at Canaccord Genuity, where he worked as a managing director in trading. Additionally, he has also worked as a portfolio trader at UBS.

Morgan Stanley Investment Management 

Mark Molloy has joined Morgan Stanley Investment Management as a macro trader within the broad markets fixed income team, based in London. He is set to report to Alexander Bouzalis, managing director, and Justin Sham, head of European credit trading. 

He confirmed his departure from Nomura Asset Management where he had most recently served as senior trader earlier this month. Molloy initially joined as head of corporate actions seven years prior. 

Previously in his career, Molloy has also worked as a senior analyst at Goldman Sachs and as a senior corporate actions specialist at BNY Mellon.

Goldman Sachs 

Natalie Khoury has joined Goldman Sachs as an Asia equity sales trader, based out of New York. 

She joins from Berenberg Capital Markets, where she had been working as an equity sales trader for the last year. Prior to this, Khoury spent an eight-year stint at BlackRock.  

While at the firm, she served in equity trading positions, working out of New York from June 2023 to July 2024, and before this, in Hong Kong for more than six years, where she traded equity and equity derivative products across 17 Asian markets, covering futures, single stock options and total return swaps.   

She has also worked as a portfolio management trading assistant at the firm, based out of Philadelphia.

Barclays 

Barclays has appointed Joseph Lee as head of high touch sales trading, Asia Pacific, as part of the firm’s efforts to bolster and diversify its APAC equities business. 

Lee will be based out of Hong Kong in the role, where he is expected to support the firm’s expansion into high-touch execution and lead high-touch cash trading efforts across the region.

In his new position, he will functionally report to Peter Ramsey, global head of cash equities, and to Christian Truer, head of equities distribution, Asia Pacific regionally.  

Lee brings 30 years of equities trading and sales experience to his new role, and most recently served as head of block liquidity for HSBC in Hong Kong. Before this, he has also held senior positions at Credit Suisse, working as head of Korea equities and APAC high touch execution.  

Previously in his career, he has also worked at firms including Deutsche Bank, CLSA, Goldman Sachs and Nomura/Lehman Brothers. 

Liquidnet

Liquidnet has appointed Michael Fidance as head of CEEMEA equity markets as part of the firm’s efforts to drive growth across the region.

In his new role, Fidance will be based out of London, where he is set to expand access new markets and liquidity and enhance product and distribution as well as engagement with local and international asset managers.

Fidance joins from State Street, where he worked as head of sales for the firm’s new execution solutions business for over a year. Prior to this, he also served as head of sales for CF Global Trading in Europe before the firm was acquired by State Street in 2024.

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