The Asset Management Exchange (‘AMX’), an institutional platform for investors and asset managers, today announces the appointment of Christopher Head as Head of Business Development.
Head joins AMX, which manages over $8 billion in assets, as part of the Executive Committee with responsibility for overseeing business development, marketing and client service.
Christopher joins from BlackRock, the global investment management firm, where he served for 13 years, most recently as Head of UK Local Authorities.
He was also a member of BlackRock’s Institutional UK Client Executive Committee and responsible for sales strategy development and execution.
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, making implementation and monitoring more efficient.
Notes to editors
AMX centralises, standardises and streamlines the process of investing, 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 and prime 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 platform that gives investors and asset managers a way to do business with each other.
Built with a fund infrastructure that’s designed for the needs of institutional investors, AMX standardises, centralises and streamlines the entire process of investing so it works better for everyone.
Established by Willis Towers Watson in 2017, AMX negotiates with managers, transitions assets, provides reporting and adds an extra layer of oversight.
The platform is open to all investors and managers across the investment industry regardless of other relationships with Willis Towers Watson.
Aryna Kastavetskaya, Peregrine Communications
+44 (0) 20 3040 0871 / firstname.lastname@example.org