Traders Magazine
BNP Paribas Asset Management appointed
Sandro Pierri as Deputy CEO, with effect from 1 January 2021. This is in addition to his role as Head of BNPP AM’s Global Client Group, which he has held since 2017. Pierri is based in London and reports to Frédéric Janbon, CEO of BNPP AM. Pierri has more than 30 years’ experience in the asset management industry. He began his career in 1989 as a portfolio manager with San Paolo Fondi, moving to BNL Gestioni in 1992, before joining ING Investment Management in Italy in 1994, where he held several commercial roles. Between 2002 and 2003 he was Chief Executive of ING Group’s Italian retail business. Following the acquisition by UniCredit/Pioneer of ING’s Italian business, he joined Pioneer Investments, UniCredit’s asset management division, in 2004. He spent 10 years in various commercial and managerial positions, including being appointed CEO in 2012.
Cowen Outsourced Trading Adds To Boston Office - Seasoned Trader Adam Strout Joins Company Date
Cowen Inc. (NASDAQ:
COWN) (“Cowen” or the “Company”) announced that Adam Strout has joined the Company’s Outsourced Trading division as a Director. In his new position, Mr. Strout brings decades of experience in trading global equities for institutional clients at large brokerages as well as directly for portfolio managers at well-known investment management firms. A long-time resident of Massachusetts, Mr. Strout will be based in Cowen’s Boston office and work with the firms’ global team of 38 traders, across the US, Europe and Asia, to bring our differentiated Outsourced Trading solution to clients in his local market. Mr. Strout will report to Bobby Croswell, Head of US Equity Outsourced Trading.