Deutsche Bank enhances ETF offering with Blackrock scalp

Amanda RebelloAmanda Rebello has been appointed head of passive distribution for the UK, Ireland and the Channel Islands at Deutsche Bank in London. Rebello joins from Blackrock’s exchange-traded funds (ETFs) platform, iShares, where she spent three years as vice-president for iShares’ Europe, Middle East and Africa operations. Prior to that, she worked in global markets at HSBC, selling structured equity derivatives to UK investors. Rebello replaces John Adu, who has been appointed to the newly-created position of head of cross-asset (wholesale) distribution for the UK and Ireland. Adu was previously head of exchange-traded products (ETP) and mandates sales for UK and Ireland at Deutsche and, before that, director of UK services at another ETF provider, Source. Deutsche is expanding its distribution efforts globally, and expanding its ETF offering. A spokesperson for the bank said it foresees the exponential growth of ETFs continuing in the medium-term at least. ©2016 funds europe

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