Faith Robinson was named director of institutional sales and marketing at Alpine Woods Capital Investors, confirmed Stephen Lieber, co-CEO and senior portfolio manager. Alpine Woods Capital was launched earlier this month as an institutional unit of the Alpine Mutual Funds. Ms. Robinson's position is new, and she will be charged with distributing the firm's investment strategies to pension plans and non-profit institutions. Ms. Robinson was managing director-marketing at Schneider Capital Management. Stephen Darby, managing director and head of client service and marketing, said Ms. Robinson left the firm in March 2005 and was not replaced because the firm closed its funds to new investors and is no longer actively marketing.
Thanos Papasavvas was hired as head of currency management at Investec Asset Management. It is a new position. The appointment was made to strengthen activities in currency overlay management, Mark Samuelson, Investec's head of U.K. institutional business, said in an interview. Mr. Papasavvas was a director in the asset management division of Credit Suisse, responsible for currency management strategies. He left Credit Suisse last week and the firm is recruiting to replace him, said Terry Mellish, head of consultant relations. Dilip Rasgotra, head of global fixed-income strategy at Credit Suisse, will temporarily take on Mr. Papasavvas' responsibilities.
Julie Westwood was appointed group pension and shares manager at Scottish & Newcastle Pension Plan, Edinburgh, where she will be in charge of the group's £1.9 billion ($3.34 billion) in pension assets. She replaces Ray Martin, who will join Mercer Human Resource Consulting in Edinburgh as principal and will be consulting the firm's U.K.-based institutional clients. Ms. Westwood was Mr. Martin's deputy. She will report to Group Treasurer John Jackson as the company moves responsibility for its pension obligations to the finance department and out of human resources, Mr. Martin said in an interview.