People Moves

Goldman Sachs Asset Management’s EMEA ETF head to retire

Departs after rejoining firm six years ago

Lauren Gibbons

Peter GSAM

Goldman Sachs Asset Management’s (GSAM) head of EMEA ETFs Peter Thompson is to retire.

Thompson (pictured) rejoined GSAM as managing director in 2018 after working at the firm between 1999 and 2009 in various roles.

In the interim, Thompson was president at Source ETF from 2008 to 2016 before it was acquired by Invesco in 2017.

A spokesperson from GSAM confirmed his retirement and said: “Expanding the growth of our asset and wealth management business is a strategic focus for the firm. To that end, we aligned product development and strategy globally in 2023 within GSAM.

“ETFs are an important part of those growth plans and we have an experienced and tenured team of leaders who will continue to focus on delivering innovative ETF solutions to meet our clients’ objectives.”

Following Thompson’s exit, Brendan McCarthy, head of ETF specialists and capital markets, will continue to lead GSAM’s ETF efforts partnering with distribution, product, and portfolio management teams to further integrate ETFs into the firm’s broader offering.

Alyson Shupe, head of global product strategy at GSAM will continue to oversee the development, prioritisation and launch of new public markets products, including ETFs globally.

It comes after JP Morgan Asset Management global head of ETF solutions Bryon Lake joined Goldman Sachs Asset Management GSAM in May.

Elsewhere, GSAM unveiled a global green bond ETF in February, its first ETF launch since October 2022.

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