Deutsche Bank today announced the appointment of Nick Shellard as UK head of ETF sales …
Shellard, who has over a decade of experience in exchange traded funds, joins from Barclays Global Investors, where he was previously head of iShares ETF Sales for the UK and Switzerland. This appointment builds on the success of Deutsche Bank’s own ETF platform and commitment to become the first choice execution and service venue for all European institutional clients in relation to ETFs.
Commenting on the appointment, Tim Hart, co head of equity sales for Europe, said; “The UK is a strategically important growth market for ETFs. With initiatives such as the RDR (Retail Distribution Review) approaching, there is a real opportunity for ETFs to become a mainstream retail investment product. Demand from institutional investors remains high due to their continued deployment as a low-cost, flexible and liquid tool within overall investment strategies. Nick’s appointment demonstrates Deutsche Bank’s commitment as the fastest growing ETF provider in Europe. We will continue to grow and develop our ETF range, and align our capabilities to our clients’ needs.”
Source: ETFWorld – Deutsche Bank