Principal poaches new insto head from ING

A senior institutional sales manager has departed ING Investment Management to join Principal Global Investors as director of institutional sales.

Cameron Sinclair will start at Principal on June 10, reporting to managing director and head of sales and marketing, Alex François. François said he was pleased to have an executive of Cameron’s knowledge and experience join the Principal team. Sinclair replaces Justin Cowper, who left late in 2007 to run insto sales at Suncorp/Tyndall Investment Management. ING Investment Management is yet to find a replacement for Sinclair, whose role will be temporarily managed by the two remaining institutional sales managers.

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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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