Appointed to the new role at NGA – the distribution arm of the French multi-boutique asset management organization Natixis Global Asset Management (NGAM) – is Terry Mellish, who will join the London office of NGA on January 4, according to the announcement.
Senior Hires Ahead
In his new role, Mellish will be responsible for increasing NGA’s presence in the institutional marketplace in the UK. In addition to enhancing relationships with UK consultants, responsibility for global consultant relationships will be centralized in London under Mellish’s leadership, and Mellish aims to bolster the UK institutional team with the recruitment of a number of senior hires for 2010, according to the announcement. Mellish will report to Hervé Guinamant, president and chief executive officer of NGA’s international investment distribution organisation (NGAI).
Mellish was most recently head of UK institutional business at Union Bancaire Privée (UBP), having previously held the same position at Credit Suisse Management from 2004 to 2006. Mellish began his career at Schroders, ending in 2004 as executive director, global consultant relationships.
John Hailer, president and chief executive officer of North America and Asia operations for NGAM, said: “Terry’s appointment signals an acceleration of our institutional distribution strategy for NGA in the UK and a renewed focus on the global and local UK consultant community. Terry has extensive experience of the institutional marketplace and will play a key role in bringing the capabilities and expertise of our investment affiliates from around the world to a wider audience.”
NGAM has $723 billion in assets under management (as of 30 September 2009). The company operates a multi-boutique structure, owning nearly 20 affiliate fund managers across the globe and covering a range of styles in equities, fixed-income managers, real estate and alternatives. In the first nine months of 2009, NGAM saw positive net inflows of US $18.1 billion, according to a press release.