PGIM Quantitative Solutions and Eastspring Investments separately named heads of international distribution Wednesday.
Cyrus Cottin was named head of international distribution at PGIM Quantitative Solutions, the $91.5 billion quantitative and multiasset solutions specialist unit of PGIM. PGIM has a total $1.3 trillion in AUM.
Whether the role is new could not immediately be learned.
London-based Mr. Cottin reports to Brian J. Carroll, managing director and head of global distribution.
Mr. Cottin is responsible for developing and leading the unit's distribution strategy across Europe and the Asia-Pacific region, and will drive the expansion across existing and new markets. He supports the firm's distribution efforts across three of PGIM's investment platforms: quantitative equity, multiasset and PGIM Wadhwani — a systematic macro investment firm.
Mr. Cottin was director of distribution, Europe and the Middle East, at Eastspring Investments.
Eastspring Investments said in a separate news release Wednesday that Matthew J. Appelstein, who joined the firm in 2019, was appointed as head of international distribution. Whether he replaced Mr. Cottin could not immediately be learned.
Mr. Appelstein retains his role as CEO of the $222 billion firm's Americas business and is responsible for expanding the company's footprint across institutional, offshore and intermediary channels.
Following a review, the firm brought together its international distribution offices in the U.S. and U.K. under Mr. Appelstein, Wendy Lim, global head of distribution, marketing and products at Eastspring, said in the news release.
Separately, PGIM Quantitative Solutions said Pam Clancy was promoted to head of global consultant relations, effective immediately.
Whether the position is new could not immediately be learned.
Ms. Clancy, based in Newark, N.J., was head of U.S. consultant relations at PGIM Quantitative Solutions. Details about any replacement were not available.
Ms. Clancy reports to Mr. Carroll and oversees a team of five based across San Francisco, the Midwest, Newark and London. She coordinates all global consultant activities for the business.
Spokeswomen for PGIM and Eastspring were not available to comment.
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