Industry

PineBridge Investments has appointed E. Mervyn Davies, the United Kingdom’s previous minister of state for trade, investment and small business, as a new non-executive chairman at the New York-based money management firm.

As part of its initiative to expand and develop its asset management business, Morgan Stanley announced it added Sophia Drossos to its global macro and asset allocation group

JPMorgan Securities picked up a $3-million team of veteran advisors from Morgan Stanley Smith Barney.

Aviva Investors announced Tuesday it hired Pat O’Brien as chief executive officer of Aviva Investors North America Inc.

While Union Bank of California is having a good year in terms of brokerage revenues, it isn’t having much luck holding onto sales managers, according to sources.

In its ongoing effort to expand its middle-market defined contribution and defined benefit business, The Hartford has hired Denise Diana as VP, retirement plans mid-market.

Martin McLaughlin Sr. and Martin McLaughlin Jr. joined the Westport office of UBS Wealth Management Americas.

Wilmington Trust's new executive talks about his strategy for growth in the New York market.

Chris Gootkind is the latest addition at Loomis, Sayles & Co., where he has joined the firm’s fixed-income group as the director of credit research and a credit strategist.

The independent wealth manager’s move marks another step in its aggressive growth strategy.