Ben Akrigg will join
F&C Asset Management as director-Pacific equities, effective Sept. 5, said Jason Hollands, a spokesman for the firm. It is a new position. Pacific equity is "an important asset class" for the firm, Mr. Hollands said, noting its performance has been strong. Mr. Akrigg will report to Mike Hanbury-Williams, head of Pacific equities. The hiring "demonstrates (F&C's) commitment to further growing this area of our business," Tony Broccardo, F&C CIO, said in a statement. Mr. Akrigg currently is a portfolio manager with Morley Fund Management, working on that firm's Asia-Pacific equities team. Fiona Baker, a spokeswoman for Morley, said the firm is searching for a replacement. If the position is not filled by the time Mr. Akrigg leaves the firm, his responsibilities will be divided among the staff, she said.
Griff Ehrenstrom was named senior vice president, corporate and institutional services at Northern Trust Corp. He replaced Steven J. Appell, who was appointed director of sales and marketing for the firm's wealth management group in June. Mr. Ehrenstrom was senior vice president and senior sales representative responsible for large corporate ERISA plans at Northern Trust, he said. Those responsibilities were taken by other employees.
