Russell Investments has tapped two Barclays Global Investors (BGI) executives, formerly tasked with growing iShares, to help build products related to the ETF business.
Russell says it hired James Polisson to serve as managing director of Russell's ETF operations and Andrew Arenberg as managing director of global ETF distribution.
Polisson was previously at BGI, the former parent company of iShares, where he served as chief marketing officer overseeing iShares and other businesses.
Arenberg was managing director of BGI's global eBusiness and served as managing director of channel marketing for the firm. He also helped build out iShares' marketing activities in Asia Pacific and Latin America.
ETF providers like iShares, which is now owned by BlackRock, EasyETF and ProShares provide funds based on Russell indices.
Russell president and chief executive Andrew Doman says: "For 75 years Russell has consistently delivered innovative solutions to meet investors' needs, and as the ETF industry progresses we're examining how we can bring our unique insight and strong research capability to add value for investors in the ETF space."
'Annuities reinvented' paper
As US dollar strengthens
Introducing the Architas education series for clients.
What made financial headlines over the weekend?