Deutsche Bank has appointed Nick Shellard as UK head of ETF sales to bolster the bank's ETF business in the UK market.
Shellard had accrued over a decade of experience in ETFs, and joins from Barclays Global Investors where he was head of iShares ETF sales for the UK and Switzerland. Deutsche Bank co-head of equity sales for Europe Tim Hart says: "The UK is a strategically important growth market for ETFs. With initiatives such as the Retail Distribution Review approaching, there is a real opportunity for ETFs to become a mainstream retail investment product." He says demand from institutional investors remains strong due to their continuing deployment as a low-cost, flexible and liquid tool. Hart ...
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