People: Ex-Morgan Stanley exec Mendelsohn launches advisory boutique

Vanguard adds to senior leadership; Source CEO steps down; BNP Paribas Investment Partners appoints head of structured products; CBOE shakes up senior management; BMO Capital Markets names new equities chiefs

Mendelsohn left Morgan Stanley last year

Pierre Mendelsohn, Morgan Stanley's former global head of retail structured products and Hong Kong-based head of Asia equity derivatives distribution, has resurfaced to launch his own independent advisory shop, Alpima. The London-based firm will focus on systematic investing for institutional investors.

Mendelsohn, who left the bank last year, confirms he is currently assembling a team to build out Alpima's distribution platform, after founding the firm late last year. The new company plans to

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