BNP Paribas replaces Future Fund departee

BNP Paribas Securities Services (BNP PSS) has filled the co-head of operations vacancy created by Gordon Mackellar’s recent move to run operations at the Future Fund.

Darren Booth, who previously ran operations and IT at IOOF Investment Management, joined BNP PSS on April 16. He will work alongside Sue Jorgensen and report to Asia-Pacific managing director, Jean-Marc Pasquet.

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Robeco CIO says AI winners and losers will be decided within a year

Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

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