Schroders has appointed Tom Stephens as its first head of ETFs to further drive the firm’s expansion amid strong client demand for actively-managed solutions in this fast-growing space.
He will join from J.P. Morgan Asset Management, where he worked for eight years as international head of ETF capital markets. Stephens will be responsible for building and executing Schroders’ global ETF strategy across product, infrastructure, distribution and client engagement.
Matt Oomen, global head of client group, Schroders, said: “We’re pleased that Tom will be joining Schroders in the new year, to help spearhead the accelerated development of our active ETF business. His 20 years of leadership in this space will be invaluable to the expansion of our market-leading active edge through ETF wrappers.
“Our recent European active ETF launches will enable us to reach more investors than ever before, and Tom’s deep knowledge and experience of the ETF market will help marry our growing capabilities with increasing client interest.”