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MUFG IS appoints new Emea business development head

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Marc Russell-Jones to the newly created role of head of business development for Europe, the Middle East and Africa (Emea).

Russell-Jones will be responsible for marketing the firm’s MUFG I asset servicing solutions across hedge funds, funds of funds and private equity/real estate funds in the Emea region. These solutions include fund administration and middle-office outsourcing.

Formerly head of asset manager sector solutions for the Nordics and UK at State Street, Russell-Jones has over 15 years’ experience in business development roles in the investment industry.

He was previously managing director in prime brokerage and head of Emea sales for alternative investment services at JP Morgan. He joined from BNY Mellon where he held the same role.

The hire is the latest in a series of poaches for MUFG IS, which has included  Mark Catalano from Atlas Fund Services, Michael McCabe from BNY Mellon’s Alternative Investment Services business, Daniel Trentacosta from Och-Ziff Capital Management Group and McAllister Kirschner from BlackRock.

Parent company MUFG manages assets of ‎¥40 trillion (€3.6 trillion) as of December 31, 2015.

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