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iShares expands Emea fixed income sales
08 October 2013
ETF provider's appointments mark growing investor demand
fixed income ETFs
Exchange trade fund (ETF) provider iShares has hired Jessica Eistrand and Deri Bainge directors to its Emea fixed income sales team.
The firm said the appointments were a result of increasing investor demand for fixed income ETFs across continental Europe.
Leen Meijaard, head of iShares Emea sales, said fixed income ETFs were becoming “increasingly popular” as they offered access to a wide variety of exposures, in a single instrument.
She added: “Jessica and Deri will play an important role, providing product insight, solutions and explanations for the multiple uses of fixed income ETFs to investors based in northern and continental Europe.
“Their hires complement the continued expansion of our Emea fixed income product range which has seen $4.2bn in inflows since the start of the year demonstrating the importance of fixed income to the growth of iShares and the wider ETF industry.”
Eistrand, who will cover the Nordics and Benelux, has more than 13 years' experience in Nordic asset management, having worked with Nordic financial and institutional investors at JP Morgan. She joins from StormHarbour, where she was a member of the European client solutions team responsible for Nordic institutional clients.
Bainge, who joins from Credit Agricole CIB, will cover Germany, Switzerland and Austria. He has more than a decade's sales experience in German-speaking regions and has worked in fixed income and credit sales roles at Nomura and Bank of America.