Dean Palin has been head of trad- ing at London-based Impax Asset
Management since September 2009,
having enjoyed a wide and varied
career at some of the largest financial
brands in the world.
He started out at Lehman Brothers
in 1994 as traders’ assistant working on
the fixed income team.
After two years, he joined Fidelity as a
fully fledged trader working in the FX and
fixed income team. He stayed with the
fund management giant for eight years
before joining Westpac Bank in 2004.
At Westpac, he was appointed to trade
spot FX and forwards, a role he stayed in
for just over a year before moving desks to
join the group treasury traders. He stayed
there for almost three years, working in
both London and Sydney, Australia.
He finished his time at Westpac Bank
with a final stint as a proprietary trader
working in Sydney between January
2008 and September 2009 before heading back to London to join Impax.
Palin has over twenty years of market making and proprietary experience,
and is a qualified technical analyst as
a member of the society of technical
analysts (MSTA). He was hired following
Impax Asset Management’s decision to
expand its trading and marketing teams.
The firm has £ 3. 6 billlion of assets under
its management, as of 31 March 2016. n
Head of trading
Impax Asset Management
In April 2016, BNY Mellon hired Piers Murray, the former global co-head
of listed derivatives and clearing at
Deutsche Bank, as its new chief operating officer for the markets business.
The hiring of Murray was six months
after BNY Mellon poached Michelle
Neal, former global head of listed derivatives, market clearing and FICC market
structure at Deutsche Bank, as the new
president of the markets unit.
Murray is set to join BNY Mellon in
Prior to his most recent role, Murray
served as global head of OTC derivatives clearing and derivatives prime
brokerage at Deutsche.
He worked at JP Morgan in New York
between 1988 – 1994 as an FX options
specialist before moving to London in
1994 to work for a year marketing the
FX options business. He subsequently
moved to JP Morgan’s Singapore operation in 1994, where he stayed for a
further four years until 1999.
In April 2000, he became managing director of credit portfolio trading,
tasked with managing credit risk of the
bank’s loan and derivatives portfolio.
He stayed in the position for six years
before becoming managing director
of global credit risk. In January 2010
he moved again, becoming managing
director of OTC Interest Rate Clearing. n