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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The twin forces rewriting the rules of investing

Portfolios built for the old world will be severely tested as emerging forces rewrite the rules of investing. The Top1000Funds.com Fiduciary Investors Symposium heard that geopolitical and macroeconomic upheaval, together with the disruption wrought by AI, should force asset owners to rethink the structure and composition of portfolios.

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