Lisa Fraser has been appointed as the new COO of Lumint, a firm which manages passive commodity hedging and passive currency overlay programs for institutional investors and provides a technology service platform for the management of hedging mandates. Based in Boston, Fraser had been working as Lumint’s director of implementation since July 2018 prior to […]
Lumint, which builds, implements and operates integrated currency overlay management systems, has added Martin Bednall, Mike Even, William Fideli, Robyn Grew, John Rohal and Damon Yuzon to its advisory board. Bednall has worked in financial services for nearly 25 years in various roles across investment management, trading and custody operations with BlackRock, Barclays Global Investors […]
Northern Trust is partnering with Lumint Corporation, a provider of currency management services, to enhance its suite of FX solutions for asset managers and asset owners globally.
With this partnership Northern Trust is aiming to strengthen its platform for currency hedging, including portfolio overlay, share class hedging and look-through hedging. The banks says that the partnership will also help support further innovations in hedging program management and analytics to meet the evolving needs of global investors.
“Northern Trust is committed to delivering best-in-class foreign exchange services and we are excited to announce this strategic partnership with Lumint for currency hedging. This enables us to offer a differentiated and innovative solution to our clients who are looking to delegate their hedging needs and benefit from our expertise, coupled with Lumint’s powerful tools and technology,” says John Turney, global head of FX at Northern Trust Capital Markets.
Currency overlay manager Lumint has hired David Green as an executive vice president. He will continue to be based in Boston in his new role.
Prior to joining Lumint, Green was a managing director and global head of FX Connect sales and relationship management at State Street.
Before that, he spent 20 years at BNY Mellon over two different stints at the custodian bank. He worked in a number of different roles there, but most recently as a managing director and global co-head of FX sales.
Green also spent time as a vice president, FX sales, at ABN Amro and, at the beginning of his career, as a bond trader at Putnam Investments.