Arabesque Asset Management expands its leadership team

The hires come at a time when the firm expands its services to meet rapidly increasing demand for sustainability and AI technology solutions globally

Arabesque Asset Management has hired Herman Bril and Ulrika Hasselgren to expand its leadership team, the firm has announced.

Herman Bril, who is currently chief investment officer (CIO) of the United Nations Joint Staff Pension Fund, will become chief executive officer of the firm in July of this year.

Meanwhile, Hasselgren, who is the former head of sustainability and impact at Danske Bank, will become the group’s new head of Nordics, as well as head of Europe for corporates and sovereigns with an immediate effect. Both will be partners at the firm.

The hires come at a time when the firm expands its services to meet rapidly increasing demand for sustainability and AI technology solutions globally.

Bril will be based in London and responsible for Arabesque’s global asset management business and its growing suite of AI-driven sustainable investment products and solutions, including the firm’s new net-zero climate investment strategy that launches this year for clients.

Stockholm-based Hasselgren will oversee Arabesque’s range of ESG data and insights services for corporate and sovereign clients in Europe and will lead the group’s activities and expansion in the Nordic region.

Bril joined the United Nations Joint Staff Pension Fund as CIO in 2016 in New York, and developed and implemented the fund’s sustainable investment strategy, with assets under management increasing from $52bn to $82bn during his tenure.

During his career he was group CFO at Cardano Risk Management, head of treasury and capital management at Aegon NV, and head of asset management and CIO of Syntrus Achmea Asset Management, where he was responsible for Dutch pension funds with €45bn in assets under management.

Powered by the market-leading ESG data assets of S-Ray and the group’s AI technology, Arabesque can help drive change through its autonomous, sustainable investment products and solutions, Bril said.