October 19, 2009
Brockgreiten in Key Client Role at Access Data Corp.
Broadridge Financial Solutions subsidiary Access Data has hired Bernard "Bernie" Brockgreiten to lead client development for the firm's compliance and risk management product line. In this role, Brockgreiten will be responsible for developing key compliance relationships with asset management and broker/dealer firms and will play a pivotal role in expanding Access Data's intermediary oversight capabilities. He reports directly to Chip Miller, executive vice president of Access Data.
Prior to joining Access Data, Brockgreiten, a 17 year veteran of operations management, was senior vice president and senior manager for corporate compliance at Putnam Investments, where he built the infrastructure to support Putnam's implementation of Securities and Exchange Commission Rule 22c-2. He also was key in creating Putnam's intermediary oversight program to track interactions and support SEC audits.
"Bernie is a results-driven leader who has tackled some of the industry's most difficult compliance challenges, working alongside the Investment Company Institute and the SEC to create the changes needed to regain shareholder confidence," Miller said. "His compliance expertise, industry viewpoint and collaborative spirit are invaluable."
Goggins, Braeu Join Manulife's Multi-Sector Fixed Income Team
MFC Global Investment Management, the asset management arm of Manulife Financial Corp., has expanded its global multi-sector fixed income team with the hiring of Thomas C. Goggins as a senior portfolio manager and the transfer of Rebecca Braeu as an emerging markets analyst.
"Both Rebecca and Tom bring accomplished track records to our global multi-sector bond team, and we are pleased to welcome them," said Daniel S. Janis III, manager of the team. "Attracting superior investment talent is a high priority for us as we continue to expand our capabilities."
Braeu was previously an economist specializing on the U.S. and global economy. She has appeared regularly on television and been quoted in the press. Previously, she was an assistant professor of economics at the College of the Holy Cross.
Goggins comes to the firm from Fontana Capital, where he was a co-founder and director of research on the Global Long/Short Financial Services Fund. Prior to that, he held various investment positions with SAC Capital, John Hancock, Putnam Investments and Transamerica Investments.
Cammack Retires From T. Rowe After 24 Years
John Cammack, head of third-party distribution at T. Rowe Price, retired last month after 24 years. Going forward, Cammack said he will concentrate on non-profit and other personal interests, including the United Way of Central Maryland, of which he is chairman elect. He is also chairman of the Mutual Fund Education Alliance, a member of the investment companies committee for the Financial Industry Regulatory Authority and a board member of the Foundation for Financial Planning.
"John was a driving force behind creating our third-party distribution division and building it into a critically important business for the firm, serving a wide array of financial intermediaries," said T. Rowe Price Vice Chairman Edward Bernard. "A recognized industry leader, he leaves behind a strong and healthy organization, with a superb record of effective sales and client service, marked by very high client satisfaction ratings." T. Rowe Price has not yet found a successor for Cammack but is interviewing candidates. In the meanwhile, Todd Ruppert, president of the global investment services division, will assume his responsibilities.
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