Source, a specialist provider of Exchange Traded Products, today announced that assets in its products have grown …
to over US$500 million, just three months after its launch in April 2009. In addition, Source has added three senior salespeople to its pan-European marketing team:
· Stefan Garcia has joined from ETF Securities, where he was a senior executive, and will be responsible for broad European marketing and distribution.
· Ludovic Djebali has joined from Lyxor Asset Management and will be responsible for coverage of French speaking countries
· Holger Schmid will be joining from UniCredit and will be responsible for distribution to Germany and Austria.
Commenting on the expansion, Ted Hood, CEO of Source, said “Since our launch in April, we have
had overwhelmingly positive feedback on our focus on counterparty risk and liquidity. It is gratifying to have investors following through and investing in our products. Stefan, Ludovic and Holger are vital to expanding the range and depth of our investor coverage.”
Please find three short biographies below.
Stefan Garcia
Prior to joining Source, Stefan was a senior executive at ETF Securities Limited in London where he focused on the marketing and distribution of Exchange Traded Commodities (ETCs) across Europe. Before moving to London in 2003, Stefan worked on recapitalising small-cap distressed companies at a private equity firm in San Diego and prior to that he was a private banker with Citigroup in Mexico City. Stefan holds an MBA from London Business School and a Bachelor of Arts in Economics from Brown University.
Ludovic Djebali
Prior to joining Source, Ludovic was at Lyxor Asset Management in Paris where he was responsible
for coverage of institutional clients, private banks and retail distributors in France, Luxembourg, Belgium and Monaco. He joined Lyxor from Société Generale in 2006 where he had spent four years as product manager for structured products and actively managed funds. Before SocGen, Ludovic worked for NABAB Bank selling structured products to high net worth clients. Ludovic holds a BA from Ecole Superieure du Commerce Exterieur.
Holger Schmid
Prior to joining Source, Holger was a Director at Unicredit group where he was focused on creation
and distribution of multi asset structured retail products including structured funds. During his 10 years with Unicredit/HVB, he also worked for their ETF subsidiary INDEXCHANGE, where he was a senior sales manager covering a wide range of clients across Europe. Holger also sold listed and OTC derivatives at Hauck & Aufhauser Privatbankiers. Holger holds both a BA and Masters Degree in business administration from Universitat Paderborn, Germany and Dublin City University, Ireland.
Source: ETFWorld.co.uk – sourceetf.com
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