BlackRock's Investment Institute will run the asset manager's exchange traded fund (ETF) strategy following the exit of global head of research Deborah Fuhr.
Fuhr has left asset manager BlackRock after accepting a new role believed to still be within ETF industry.
She is currently on gardening leave and will start her new role in the autumn in London, according to a source with knowledge of the situation.
Her departure has left a gap in the company's ETF research department, which will now be taken over by the BlackRock Investment Institute.
The Institute was formed in April to improve client and investor knowledge of ETFs and how to use them.
Russ Koesterich, global chief investment strategist at iShares, heads up the Institute and Lee Kempler, former director of knowledge at McKinsey, is executive director. Both are based in San Francisco.
This article first appeared in Structured Products
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