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February 10, 2005 12:00 AM

Andrew Benton was hired as head of U.K. business development at...

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    Andrew Benton was hired as head of U.K. business development at Schroders, and Richard Graham was named head of U.K. consultant relationships, said Richard King, spokesman. Both positions are new. The firm is refocusing on U.K. business development and consultant relationships, Mr. King said. Both men will start in March and report to Miles O'Connor, head of U.K. institutional business. Mr. Benton is currently a director at RCM (U.K.), responsible for institutional sales and client servicing. Mark Archer, deputy CEO of RCM (U.K.), said the firm will not directly fill the position but instead will add to the team on the product-information and request-for-presentation side. Mr. Graham has been associate director-global consultant relations at HSBC Asset Management. Richard Lindsay, HSBC spokesman, did not return a call by press time seeking comment on Mr. Graham's position.

    Frank J. Haggerty Jr. joined Duff & Phelps Investment Management as a vice president and senior analyst, said spokeswoman Nicole Laudenslager. It is a new position. Mr. Haggerty was a senior analyst and portfolio manager with ABN AMRO Asset Management. Information about ABN AMRO's plans to replace Mr. Haggerty wasn't available by press time.

    Jae Yoon joined New York Life Investment Management as managing director of its investment consulting group, which measures investment performance for all NYLIM products as well as providing attribution analysis on portfolio performance and risk, said Creighton Abrams, a spokesman for the company. It is a new position. Mr. Yoon was head of analytics and risk management at Western Asset Management; a spokesman for Western Asset declined to comment.

    Timothy Misik joined Northern Trust Global Investments as a quantitative equity trader/portfolio manager in New York, and Joseph Wolfe joined the firm as a quantitative active portfolio manager/researcher in Chicago, said Kurt Ross, spokesman. Both positions are new. Mr. Misik was a senior equity trader with Barclays Global Investors; BGI spokesman Lance Berg said Mr. Misik's duties will be assumed by other members of the equity trading team. Mr. Wolfe was a senior quantitative analyst with the $58.2 billion Ohio State Teachers' Retirement System, Columbus. The fund will begin the process of searching for a replacement in the next few weeks, said a spokeswoman.

    Kevin Drucker was hired as senior quantitative analyst for the $4 billion John D. and Catherine T. MacArthur Foundation, Chicago. He will focus on asset allocation, risk management and fixed-income strategies. It is a new position. Mr. Drucker was manager of investment analysis at Richards & Tierney Inc., Chicago. Richards & Tierney officials didn't respond to information regarding a replacement.

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