Tom Finucane was named a vice president and financial services sector equity analyst at Loomis Sayles, said Erin Heggerick, spokeswoman. He replaces Tom Davis, who remains a portfolio manager on Loomis Sayles' global growth strategy team. Mr. Finucane had been at John Hancock Funds, where he was co-portfolio manager of four financial services funds with a combined $4 billion in assets under management, according to a Loomis Sayles news release. Roger Hamilton, a portfolio manager of John Hancock's Balanced Fund, will join the financial industries team as well, assuming some of Mr. Finucane's responsibilities, said Beth McGoldrick, John Hancock Funds spokeswoman.
Ashish Shetty joined the M.D. Sass Corporate Resurgence private equity funds and M.D. Sass Re/Enterprise hedge funds as a distressed securities analyst, said spokeswoman Hedda C. Nadler. The position is new. Mr. Shetty was a financial analyst at CIBC World Markets, according to a news release. A spokesman at CIBC World Markets wasn't immediately available for comment.
Gary W. Anderson, executive director of the Texas Municipal Retirement System, Austin, will retire from the $13.5 billion plan effective Oct. 31, according to the plan's website. Eric Davis, deputy executive director, will become interim executive director on Nov. 1. Mr. Anderson has held the post since 1992 following the retirement of Jimmie L. Mormon. Gary Craig, director of investments, was not available for comment at press time.