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Source boosts ETF operations with five senior hires

Source has made five senior appointments as it looks to benefit from further strong opportunities it believes will develop in European ETF market in 2011.

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Over the course of 2010, Source established itself as one of the main players in the European ETF market, almost doubling its assets by year end, and saw over USD120bn traded in its products throughout the year. Source has made five senior appointments as it looks to benefit from further strong opportunities it believes will develop in European ETF market in 2011.

Throughout the year, Source continued to broaden its product range, with a total of 24 new product launches in both its equities and alternative asset classes. In December Source further expanded its asset class footprint with the announcement of the PIMCO Source partnership, from which the PIMCO Source fixed income product range will be launched in early 2011.

In addition, Source increased the number of its employees by over 80% in 2010, reinforcing its position among the top Exchange Traded Product provider in Europe. The five new directors recently appointed to its distribution team will cover he UK, France, Nordics, fixed income and commodities

James Finch - Executive Director
James will focus on fixed income distribution, leveraging Source’s newly announced partnership with PIMCO

Georgina Courtenay-Evans - Director
Georgina will cover UK and Irish institutional clients.

Patrick Witteveen - Director
Patrick will specialise in sales of commodity Exchange Traded Products

Pierre Olivier Cohen - Director
Pierre-Olivier will assume responsibility for institutional clients, private banks, and retail distributors in France, Luxembourg, Belgium and Monaco.

Kenneth Barner-Rasmussen - Director
Kenneth will focus on Nordic clients.

Next Finance , January 2011

Article also available in : English | français

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