The latest appointments within hedge funds and fund of hedge funds as well as related service industries.

Cheyne Capital Management has appointed John Hyman as a partner. Hyman has more than 23 years of experience in the equities industry and joins from Morgan Stanley where he worked for 17 years as co-head of global capital markets, co-head of global equity capital markets and oversaw all of Morgan Stanley’s equity transactions in EMEA and Asia from 2005 to 2009. Cheyne Capital manages net assets in excess of $6 billion across a diversified range of products.

Threadneedle, the international investment arm of Ameriprise Financial, has appointed Raymundo Yu to the newly created position of Asia Pacific chairman. Yu is a senior international financial services executive with almost 30 years of experience after working across Asia, the Middle East, Europe, the UK and the US. Threadneedle established a presence in Asia in 2008 and has offices in Hong Kong and Singapore. Ameriprise Financial is a US diversified financial services company with more than $600 billion in owned, managed and administered assets. Threadneedle actively manages $102.1 billion of assets, investing on behalf of individual investors, pension schemes, insurers, corporations, mutual funds and affiliate group companies.

Harmonic Capital Partners, a hedge fund manager trading quantitative long/short macro strategies, has appointed Alastair Smith as a partner. He joins from Polar Capital where he was a sales director. Harmonic manages more than $500 million for a primarily institutional client base.

HSBC has appointed Phelim Bolger to its alternatives division, HSBC Alternative Investments (HAlL), as head of UK sales. He now reports to Florence Picon. Bolger joins from Union Bancaire Privée (UBP) where he was an executive director and head of UK institutional business. He was also responsible for the sales and marketing of UBP’s alternative and traditional funds to institutions, distributors and consultants. HAIL is the dedicated unit responsible for hedge funds, institutional mandates and fund of funds for the HSBC Group, and real estate and private equity investment for HSBC Global Private Banking. At the end of September 2010, HAIL had more than $33.2 billion of client assets invested in alternative investments.

Following the acquisition of GLG by Man, Richard Phillips has been appointed as head of UK retail for the combined business. He was previously co-head of UK retail for GLG.

Mulvaney Capital Management has appointed Jon Nash as head of sales. He was previously director, capital markets at IP Group and head of sales, alternative strategies, at RMB Asset Management. Mulvaney Capital is a UK-based and regulated alternative investment manager that uses a diversified, systematic long-term trend-following programme, which invests in futures contracts linked to commodities and financial assets traded on regulated exchanges around the world.

Global investment specialist Dalton Strategic Partnership (DSP) has appointed Richard Nunneley as a London-based adviser. He will team with a number of his former colleagues from Mercury Asset Management (MAM), of which he was previously director. DSP was founded in 2002 by Andrew Dalton and a number of former colleagues from MAM/Merrill Lynch Investment Managers. Assets under management totalled $1.7 billion at December 31, 2009.

Bedell Cristin (Mauritius) Partnership has opened in Mauritius and is headed by Yuvraj Juwaheer. The practice will specialise in providing legal advice in relation to corporate, funds, banking and structured finance and trust work with a focus on Indian, African and the Far East markets. Bedell Cristin is a law firm providing Channel Islands, British Virgin Islands and Mauritian legal advice, focusing on international finance. It is part of Bedell Group, which has a presence in Jersey, Guernsey, London, Dublin, Geneva, Mauritius and BVI.

Daiwa Capital Markets has expanded its Asia excluding-Japan equity research division. Mingchun Sun joins as managing director, head of China research and chief Greater China economist; Justin Lau has been appointed managing director, head of Asia Pacific custom products group; Mark Chang has been named senior vice-president, regional head of small and middle cap research; and Eric Chen has been appointed senior vice-president, co-head of regional technology. In addition, Grace Wu has been named senior vice-president, head of Hong Kong/China banking, while Danny Bao is senior vice-president, head of Hong Kong/China property. All six are based in Hong Kong and will report to Nagahisa Miyabe, regional head of Asia Pacific research.
Sun joins from Nomura International Hong Kong where he was head of China equity research and chief China economist. Lau also joins from Nomura International Hong Kong where he was head of Asia Pacific custom products group.
 Chang joins from BNP Paribas where he was regional head of small caps.
Chen also joins from BNP Paribas where he was head of semiconductor research for Greater China.
 Wu joins from Nomura International where she was a banking analyst for Hong Kong and Taiwan, while Bao joins from Deutsche Bank where he was head of Hong Kong/China property research.

The expanded team now provides coverage of more than 400 stocks in the Asia excluding-Japan region, and aims to broaden the coverage to more than 700 with additional hires.

The company has also made a number of senior hires in equity sales and trading, including Ester Li as regional head of Asian equity sales; Ricky Lo and May Tsang as head and deputy head of Hong Kong/China sales trading; Ravi Narain as a senior generalist sales; Meurig Williams as regional head of equity for Europe and the Middle East; Woon Lim as head of Asian equity sales in New York; and Jean Ang as head of Asian equity sales in Singapore.

Daiwa Capital Markets is the wholly-owned investment banking arm of Daiwa Securities Group.

Mercer has announced a number of management changes in its investments and retirement, risk and finance businesses. Andrew Kirton, global head of investment consulting, will assume the newly created role of global chief investment officer and will report to Phil de Cristo, president and group executive of investments.

Asghar Alam, formerly US regional business leader for retirement, risk and finance, will succeed Kirton as global head of investment consulting and will report to de Cristo.

Jacques Goulet, currently regional business leader for Europe, the Middle East and Africa for retirement, risk and finance, will move to the US to assume the US role, succeeding Alam and reporting to Simon O’Regan, president of the retirement, risk and finance consulting business.
 Until a successor is named to assume Goulet’s current responsibilities, Gilles Beneplanc, region leader for Europe, the Middle East and Africa, will assume this role.

David Goldenberg, Mercer's general counsel, will move into the investment business as global head of solutions management, reporting to de Cristo. A successor to Goldenberg will be announced at a later time.
Jeff Schutes will continue to lead investment consulting in the US and will report to Alam.
Rich Nuzum will continue as president and global business leader of the investment management business, reporting to de Cristo.

European equities specialist Ratio Asset Management has appointed Alice Squires as head of investor relations. She was previously at Deutsche Bank where she was director and head of pan-European small/mid-cap equity sales from 2000 to 2005. Ratio Asset Management manages two European equities funds: the flagship Ratio European Fund and the Ratio European Opportunities Fund.

Northern Trust has appointed Wilson Leech as CEO for its London-based Europe Middle East and Africa (EMEA) region. He was previously head of Northern Trust’s global fund services group and succeeds Biff Bowman who will assume the position of head of Americas for the corporate and institutional services following the retirement of Lee Selander at the end of November.

UBS Global Asset Management fund services is establishing a business development and client service office in Hong Kong and a full-service administration centre in Singapore. It will also offer fund administration services from Singapore. It plans to be operational by early 2011 at which point the local teams will take over relationships with existing Asia Pacific clients that are currently serviced from the Cayman Islands and Ireland offices.
Darren Stainrod, currently managing director at UBS in the Cayman Islands, will be responsible for the Asia Pacific fund services unit in addition to his existing role. 
The business development teams will become part of the global business development, client relationship and marketing organisation that reports to Andre Valente, head of business development and client relationships as well as managing director in fund services at UBS Global Asset Management.

Michael Moore, currently head of operations for global asset management in Asia Pacific, will be responsible for the operation in Singapore.

Integral Development, a provider of foreign exchange trading solutions and services, has appointed Bruce Wolf as a New York-based managing director in the sales team. Most recently Wolf was at Citi where he ran sales desks in New York, London and Zurich.

StatPro Group, a global provider of portfolio analysis and asset valuation services for investment professionals, has appointed Ruggero Frisina as European sales director. Frisina previously worked at RiskMetrics.

Anova Consulting Group, a provider of customised market research, sales training and consulting services to financial services, has appointed James (Jamie) Pasman as senior consultant and Jamie Zielinski as research analyst, both new positions. Pasman was previously manager of client service for Kohlberg & Associate, a financial services consulting company. Zielinski, meanwhile, brings 12 years of experience in marketing data analysis and client relationship management, most recently as operations manager at Myvu Corp where she was involved in project management and sales administration. The company’s leadership team includes Heather Jenkins, managing partner, Lisa Reibstein, financial services practice leader, and Jeannine Kulsick, human capital management practice leader.

Advocate Christopher Anderson has joined Carey Olsen as a corporate partner in the Guernsey office. Anderson has significant experience in investment funds, insurance and reinsurance and protected and incorporated cell companies. He will work in the firm’s corporate and finance team. The appointment strengthens the firm’s corporate and finance team in Guernsey, which boasts six partners dedicated to this practice area.

Veteran aerospace and defence analyst Byron Callan will join the Washington-based policy forecasting company Capital Alpha Partners as director, effective from December 1, 2010. Callan is most noted for having been a top sell-side analyst at Merrill Lynch and Prudential Securities covering defence, defence electronics and engineering/industrial stocks between 1984 and 2007. Since 2007, Callan was with two buy-side companies: Perella Weinberg Partners (2007-10) where he was a co-founder and analyst on its Aerospace Defense Security fund. He also did a stint as a portfolio manager on an industrials fund at Lion's Path Capital this year. Capital Alpha Partners is an independent research boutique that specialises in political analysis.