BGI appoints Deborah Fuhr as global head of exchange traded fund research and implementation strategy.Summary: Barclays Global Investors Barclays Global Investors is a subsidiary of British-based Barclays Bank which is in the investment management industry. It is the largest corporate money manager in the world, with over £936 billion (US$1.77 trillion) under management as of March 2006[1]. , one of the world's largest asset managers and the leading global provider of Exchange Traded Fund Exchange Traded Fund Similar to an index mutual fund, these tracking stocks trade continuously. Two popular ETFs are the Standard and Poor's depositary receipt (SPDR) launched in 1993 and the NASDAQ-100 Index Tracking Stock (QQQ) which was launched in 1999. (ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). ) products, which last month announced the opening of its new offices in the United Arab Emirates' Dubai International Finance Centre, has announced the appointment of Deborah Fuhr as Global Head of ETF Research and Implementation Strategy. Barclays Global Investors (BGI BGI Barclays Global Investors BGI Bainbridge Graduate Institute BGI Bureau Gravimétrique International BGI Borland Graphic Interface (File Name Extension) BGI Bridgetown, Barbados - Grantley Adams International ) has been active in the GCC GCC: see Gulf Cooperation Council. (compiler, programming) GCC - The GNU Compiler Collection, which currently contains front ends for C, C++, Objective-C, Fortran, Java, and Ada, as well as libraries for these languages (libstdc++, libgcj, etc). region since 1998 and currently has Assets Under Management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. (AUM Aum (ä·ōōmˑ), n.pr 1. in Ayurveda, the subtle, noiseless cosmic vibration in which consciousness existed in the beginning, before the elements appeared. ) of US$ 28 billion in the Middle East. BGI appoints Deborah Fuhr as global head of exchange traded fund research and implementation strategy Barclays Global Investors, one of the world's largest asset managers and the leading global provider of Exchange Traded Fund (ETF) products, which last month announced the opening of its new offices in the United Arab Emirates' Dubai International Finance Centre, has announced the appointment of Deborah Fuhr as Global Head of ETF Research and Implementation Strategy. Barclays Global Investors (BGI) has been active in the GCC region since 1998 and currently has Assets Under Management (AUM) of US$ 28 billion in the Middle East. Ms Fuhr, who will also be a Managing Director, is widely recognised as the leading research analyst covering the ETF market worldwide. She joins BGI from Morgan Stanley Under Ms Fuhr's guidance, BGI's newly created ETF Research and Implementation Strategy team will be responsible for producing industry-leading analysis on the global ETF industry. In addition, the team will provide comprehensive research reports to BGI's wide range of institutional and intermediary-based clients concerning developing asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. strategies using ETFs. Ms Fuhr's appointment is effective from 15th September 2008, and she will be based in BGI's London offices. However, she will spend a significant portion of her time working with BGI's extensive client base in Europe and North America, as well as in BGI's rapidly developing markets such as Australasia, Latin America and the Middle East. Commenting on the appointment, Blake Grossman, Chief Executive Officer of BGI said: "We are thrilled Deborah will be joining BGI to become a senior member of our ETF leadership team. She has been an industry pioneer in ETF research, and her innovative approach to market and portfolio analysis will help further extend the industry-leading position we have established through BGI's iShares platform." Lee Kranefuss, Global CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of iShares at BGI added: "Deborah joins at a very exciting time for the ETF industry, as it expands into rapidly growing new markets around the world. She has built up a stellar reputation worldwide as the leading ETF analyst, with more than a decade of experience providing clients with highly regarded analysis and advice. Her depth of knowledge will add an extremely useful new dimension to our client offerings." Deborah Fuhr added: "I am delighted to be joining one of the world's leading asset managers and the strongest company in the ETF industry today. BGI has a market leading position based on its reputation for innovation and high quality products that meet the rapidly changing investment needs of institutional and intermediary-based clients around the world. That reputation makes BGI a natural home for the analysis and research that I intend to produce." 2008 Al Bawaba (www.albawaba.com) 2008 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
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