BNP IP boutique names head of ETFs and index funds

Theam, a subsidiary of BNP Paribas Investment Partners, has appointed Isabelle Bourcier (pictured) as head of ETF and indexed fund activities.

Bourcier will report to Theam CEO Denis Panel, and will be charged with developing Theam’s passive offering, leading a 20-strong index management team, and the firm’s passive vehicle sales division. She will also join the firm’s executive committee.

Previously, Bourcier was head of business development at Ossiam, a Natixis boutique specialising in smart beta vehicles, between February 2011 and November 2015. Between 1994 and 2010, she held a number of positions within Societe Generale group, including global head of ETF activities at Lyxor AM, and global head of Listed Products at Societe Generale.

Theam was created in 2011, out of the merger of BNP boutiques SIGMA and Harewood Asset Management. As of March 31 2016, the firm manages assets of €38 billion – a fall of €12 billion since its inception.

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