Industry Updates

Global X enters European ETF market

Double hire

Tom Eckett


ETF issuer Global X has hired a team of senior executives in London to help manage the launch of its European ETF business.

The ETF issuer, known for its thematic, income and international access strategies, is planning to roll out several UCITS ETFs in the coming months.

As part of its expansion this side of the pond, the firm has hired Rob Oliver from JP Morgan as head of business development in Europe, who will be responsible for heading up its ETF distribution efforts across the continent.

Oliver spent 12 years at JP Morgan in the firm’s global wealth management division most recently as global head of beta and systematic strategies.

Also joining, as ETF Stream revealed last month, is Morgane Delledonne as director of research.

In her new role, she will be responsible for promoting Global X’s investment insights to a European audience.

This is Delledonne’s first role since her exit from BMO following the Canadian bank’s decision to pull the plug on its European ETF business in November 2019.

GHCO is set to be the lead market maker on the firm's ETF range.

Commenting on Global X's European entrance, CEO Luis Berruga said: “Global X’s strategies have been exceptionally well-received around the world, particularly in Europe, making our decision to launch a UCITS ETF offering a clear next step in our growth.

“We are thrilled to work closely with Morgane, Rob, and our extended global team, and look forward to expanding our innovative solutions to European audiences.”

ETFs show no sign of slowdown

Oliver added: “There could not be a more exciting time to join Global X and expand the firm’s reach into Europe.

“There is immense growth in the adoption of ETFs in Europe, providing an exciting opportunity for us to provide this burgeoning market with the rigorously researched strategies and unique exposures that Global X has become known for.”


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