Deals & People

Allianz Life Insurance Company of North America (Allianz Life) has named Bob Densmore as senior vice president - national sales manager. 

Based on their Hearts & Wallets research initiative, Chris Brown and Laura Varas have started a company, Hearts & Wallets, LLC.

Ee Fang Chen has been named Sales Director for Northern Trust Global Investments (NTGI) in the Asia-Pacific region.

Arnerich Massena, a Portland, Oregon-based independent money manager, chose Scott Dunbar to be its director of institutional services.

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, announced the appointment of Frank Henze as head of exchange-traded funds, Asia Pacific.

Apollo Global Management, a global alternative asset manager, and Lighthouse Investment Partners, a fund of hedge funds manager, have struck a strategic alliance.

BNP Paribas announced that John Catizone has joined its Commodity Derivatives group as Managing Director for Institutional and Investor sales in New York.

AXA announced that Christopher 'Kip' Condron, President and CEO of AXA Financial, has decided to retire effective January 1, 2011.

Legg Mason, a global asset management firm, has created the Retirement Advisory Council, bringing together 14 industry leaders to delve into the major challenges facing the retirement industry. ...

Munder Capital Management, a money management firm serving institutional and individual investors, is acquiring Integrity Asset Management, a Louisville, Kentucky-based institutional investment management company.

Edge Asset Management in Seattle, Washington, announced Egor Rybakov has joined Edge as a portfolio manager for International Equity, effective December 1, 2010.

The Charles Schwab Corporation selected Marie A. Chandoha as president and CEO of Charles Schwab Investment Management, Inc. (CSIM), the investment adviser to Schwab and Laudus Funds.

Wilmington Trust appointed Richard F. Pagnoni as vice president for the Client Development team.

Russell Investments has hired Cynthia Steer as managing director, investment strategy.

J.P. Morgan Asset Management hired Michael Falcon as Managing Director and Head of Retirement in the U.S. and Canada.

New York Life announced the appointment of David Castellani as senior managing director and head of New York Life Retirement Plan Services (RPS), effective immediately.

The Morgia Group has joined HighTower, an open-source, adviser-owned cooperation of established practices specializing in high-net worth and institutional clients.   

Great-West Retirement Services appointed Julie Costello as a third-party administration (TPA) relationship manager for the west region.

Great-West Retirement Services appointed Michael Fennessy as regional sales director for Los Angeles.

Mercer signed an agreement to acquire Hammond Associates, an investment consultant for endowments, foundations and private wealth and health care markets.