Mark Sodergren joined Northern Trust Global Investments as a senior portfolio manager with the firms global quantitative management team, said spokeswoman Alexis Geocaris. Its a new position. Mr. Sodergren was a portfolio manager with BGI; spokeswoman Christine Hudacko wasnt immediately available to discuss whether Mr. Sodergren would be replaced.
Separately, Jacob Weaver, a vice president and portfolio manager with NTGIs quantitative active management team in Chicago, moved to London as head of the firms London and Tokyo-based global index team. He replaces Rodney Fernandes, who left the company, said Ms. Geocaris.
Alec Robert Harrell joined Northern Trust as vice president and portfolio manager for Northern Trust Value Investors, an NTGI division serving high-net-worth and institutional investors, said spokeswoman Cathryn Raia. Its a new position. Mr. Harrell was principal and portfolio manager at Convergent Fund Management, a quant equity firm he helped found in 2005. He was replaced by Mark D. Mandell, said co-founder Christopher D. Powell.