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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How Cbus built its new Australian equity strategy from scratch

Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.

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