Investing

AMX selects client and manager development chief

Aaron Overy joined investment exchange platform AMX as head of client and manager development, said a spokeswoman.

The role is new. The exchange, also known as Asset Management Exchange, offers institutional investors a standardized fund infrastructure and centralized back-office services.

Mr. Overy joined as part of the platform's wider growth strategy. He focuses on further accelerating the platform's growth by leading teams whose responsibilities include expanding new manager and client relationships.

The platform has almost $7 billion of assets on the platform.

Mr. Overy was senior vice president of asset management at Northern Trust. A spokesman confirmed Mr. Overy's departure and added:."We are recruiting across the region to help us to continue delivering distinctive solutions and diverse insights to provide an exceptional client experience and enable investors to achieve their most important goals."