Nizam Hamid, head of ETF strategy at Lyxor Asset Management, talks to Emma Cusworth about the challenges of the European market and his plans to reach the top spot
A big believer in decisive action, Hamid has wasted no time since joining Lyxor Asset Management in November. With innovation top of his agenda, Lyxor has a “full launch schedule”, including commodities and fixed income products. His ambition is clear: to be European number one by market share. With $52.4bn in assets under management at the end of 2010, Lyxor is number two with a market share just over 18% and fourth globally, according to Blackrock. However, taking on iShares with $94.4bn and a 32.4% share of the European market will not be easy. “We are doing a lot of work to restructur...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
