Financial News:
The week's biggest movesPacific Investments names head of new multi-asset business Sir John Beckwith’s Pacific Investments group has announced the launch of a new multi-asset business, Pacific Asset Management. It has hired Matthew Lamb, who was most recently the global head of liquid alternatives at Deutsche Asset Management, to head it up. Further senior hires from the asset management sector will be announced over the coming months, the firm said in a statement.