Société Générale has hired Anneke Van Hoorn, trader on the European medium-term notes desk at JPMorgan in London, as a cash and credit derivatives marketer to German funds in London. Marcus Ribka, head of cash and structured credit sales to Europe (ex-France) in London, said Van Hoorn takes a new position. SocGen is expanding the group in anticipation of capturing business from funds as they divest equity positions and look to credit products for higher returns. Van Hoorn reports to Simon Lawless, head of the German fund sales group in London. Van Hoorn started at SocGen last Monday. Lawless referred calls to Ribka.
Van Hoorn will market any type of funded or unfunded credit products to German funds, including credit-default swaps and first-to-default baskets, Ribka said. Within the credit marketing group, each sales head has a regional and client designation.
At JPMorgan, Van Hoorn reported to Michael Ridley, head of the European medium-term note desk. Ridley did not respond to voicemail messages.
