Northern Trust Global Investments (NTGI) has appointed Simon Hutchinson as Strategist for Transition Management in Europe.
His remit is to manage NTGI’s transition management business in London and to continue to build the firm’s transition management business across Europe.
Hutchinson takes over the responsibilities of Kevin Hardy, who has been named NTGI’s Global Head of Transition Management. Hutchinson reports to Hardy and to Nick Ring, Managing Director of NTGI Europe.
Hutchinson joins NTGI from Instinet where he spent over 10 years, latterly as Head of UK Clients and Portfolio Trading.
“I am delighted to join NTGI at such an exciting period in the continuing development of the London office and of its growing transition management business specifically,” says Hutchinson. “Kevin and his team have undertaken innovative work over the last 12 months to put in place a robust technology infrastructure and an effective product and service offering in London, and I am looking forward to maximising these as well as to working with the global team to drive through new initiatives in due course.”
“We are delighted that Simon has joined NTGI to lead its European transition management business,” adds Hardy. “With over 10 years in institutional broking, his expertise and experience complements the current team’s existing range of skills and capabilities, and positions him well to take the business to the next level. Transition management remains one of NTGI’s core service offerings to the institutional market place and, as such, the firm continues to invest in new people and technology as part of its growth strategy. As a result of this investment, in the first half of 2004 NTGI increased the total assets it transitioned by 20% compared to the total figure for 2003. We look forward to continued growth over the second half of 2004 and beyond.”