David A. Russell joined hedge fund-of-funds manager Attalus Capital Investment as portfolio strategist. The position is new, according to a statement from the firm. Mr. Russell is a member of the investment committees that determine investment strategy and allocations for the company's funds, which have a combined $1 billion in assets under management. He also will oversee communication to the company's clients and investment consultants. Mr. Russell was a principal and primary consultant at Ennis Knupp + Associates, where his client relationships were reassigned to other consultants, said Harmony Watley, a spokeswoman. Ennis Knupp is not searching for a direct replacement, Ms. Watley added.
Jerome Melcer was appointed senior consultant at actuary Lane Clark & Peacock, where he will advise corporate clients on managing pension risk. The position is new. Mr. Melcer was actuarial director at account BDO Stoy Hayward, where he was not replaced. His duties were assigned to a colleague, said company spokeswoman Samantha Dew.