Launched in February 2017, AMX was designed to fundamentally transform institutional investment for the benefit of the end saver by standardising, centralising and streamlining the process of investing by making implementation and monitoring more efficient. AMX has doubled its in-house team in the last year and, since launch, brought in nearly $7bn in AuM.
To coincide with the two-year anniversary and as part of the wider expansion plans, AMX has announced the appointment of Nick Horsfall as Managing Director in the Client Business Development team. In this role, Nick will be responsible for building client relationships with some of the largest and most advanced pension schemes in the UK.
Nick will also work closely with the AMX Advisory Board and use his technical knowledge and experience to bring Liability Driven Investing (LDI) strategies onto the platform. He joins from Willis Towers Watson’s Investments business, where he has over 30 years’ experience in the retirement and investment industries.
Additionally, Cassie Waller joins as Global Head of Intermediaries from Syntax Research, a Florida-based hedge fund. Prior to Syntax, she worked for State Street, covering UK asset owners and consultants.
Pippa Rudling also joins AMX as Consultant Relations Director from Aberdeen Standard Investments where she worked in consultant relations. In her new role, she will be covering UK consultants as well as identifying strategic intermediary partnerships across Europe.
“These new hires bring a raft of additional experience to AMX and will drive our expansion. As more investors and managers join the AMX platform, it’s vital that we have the relevant team in place to deliver the best results for investors, managers and ultimately the end saver.” – Oliver Jaegemann, Global Head of AMX
Notes to editors
AMX centralises, standardises and streamlines the process of investing by making implementation and monitoring more efficient through:
- Reduced duplication of cost, resource and time
- Economies of scale in relationships with other service providers, such as market counterparties, custodians, clearers andprime brokers
- Standardised legal documentation
- Timelier and more accurate reporting through centralised data
- Reduced complexity via standardised infrastructure and a centralised back office.
AMX secures better pricing because of the buying power of the exchange by centralising operating costs, such as custody and administration at the exchange, thereby lowering operating expenses.AMX also offers enhanced control for investors via an independent risk oversight function and single portfolio interface to centralise and standardise compliance, minimising distractions from the core investment function while providing greater investor confidence.
About The Asset Management Exchange
The Asset Management Exchange (“AMX”) is an institutional asset management marketplace designed to bring greater efficiency to the institutional asset management industry globally and was established by Willis Towers Watson in 2017. AMX is a global marketplace where asset owners can invest in external asset managers and where asset managers can access significant capital, while cutting value leakage. The exchange is open architecture, meaning that it is available to all asset owners and asset managers, regardless of other relationships with Willis Towers Watson. AMX provides centralised back office and standardised fund infrastructure reducing cost and resource duplication, delivering scale benefits to both sides of the market while increasing transparency and asset owner control.
Sam Horril, Media Relations, Willis Towers Watson: email or +44 20 3124 6087