MarketAxess appointed Dan Burke as global head of emerging markets (EM), based in London. As part of the role, Burke will be responsible for the development and execution of business strategy for the EM business in both hard currency and local markets. Burke will also hold responsibility for business and product management expansion of MarketAxess’ EM trading business across both geographies and products. Burke joined MarketAxess from Standard Chartered, where he most recently served as managing director, based in Singapore. Elsewhere in his tenure at Standard Chartered, Burke served as global head of electronic and algo trading, based in London. Before Standard Chartered, Burke held various senior credit trading roles at Deutsche Bank in Singapore and Bank of America Merrill Lynch in Tokyo and Hong Kong.
David Wright was named head of FX trading and distribution at MUFG after three years with the business. He joined the bank in 2021 as global head of e-FX having and previously served as a strategic transformation consultant at State Street.Prior to that, Tokyo-based Wright spent 16 years at Morgan Stanley, most recently as a managing director. He has also held roles at FXall and UBS, as product manager and associate director, respectively.
Royal London Asset Management restructured its global equity team following the departure of its head of equities and some members of the wider global equities team. Peter Rutter, former head of equities at the firm resigned earlier this year, alongside several members of the global equities team who are believed to be setting up their own company. Piers Hillier, chief investment officer, takes on responsibility for Royal London AM’s global equity capabilities. He brings more than 30 years’ experience, including previously serving as head of international equities at Kames Capital, as well as numerous senior global investment roles at other firms.