iShares announces new head of development for EMEA
Tom Fekete has been appointed head of Product Development Europe, Middle East and Africa at BlackRock’s ETF platform iShares.
Fekete will be responsible for developing iShares product range in the region, and joints from Barclays Wealth, where he held a similar position as EMEA head of Investment Products and Global head of FX Advisory.
He is expected to focus development on products that can be used as core strategic holdings, for niche exposure and tactial allocation.
Joe Linhares, head of iShares EMEA, said: “Tom brings with him considerable industry knowledge and skill, paired with vast experience delivering solutions to a diverse range of clients. He joins the firm at a time when the exchange traded products industry, and the adoption of these products, is growing significantly in Europe with users including IFAs, insurance companies and pension funds. Developing and creating high quality, innovative products is key to supporting this growth.”