Emerging Global Advisors (EGA), the asset manager to the EGShares exchange-traded fund offering, has appointed Edward Kerschner as vice chairman.
In this role, Kerschner (pictured) will be an integral part of the strategy team and will be responsible for helping wealth managers understand developing market investment opportunities.
Kerschner joins EGA with 35 years of experience in the securities industry across a number of strategy roles, including chief investment strategist and chairman of the investment policy committee at PaineWebber, chief global strategist for UBS Investment Research, chief investment officer for Citi Investment Research and the chief investment strategist for Citi Global Wealth Management.
After leaving Citi, he continued as a senior strategy consultant to Morgan Stanley Smith Barney and was a member of the Morgan Stanley Smith Barney global investment committee through 2012. Since 2001, Kerschner has been an adjunct professor of finance at the New York University Graduate School of Business Administration.
“Ed was an early Wall Street contributor to both the use of financial models in portfolio weighting and the development of thematic investing concepts which are driven by demography and consumer behaviour,” says Marten Hoekstra, chief executive of EGA. “His expertise is particularly relevant in developing markets and will further EGA’s leadership in identifying and delivering developing market thematic investment opportunities.”
“As one of the most rapidly growing developing markets asset managers focused on enabling investors to efficiently tailor their developing markets portfolio allocation strategies, EGA is at the forefront of what I view as one the most exciting opportunities in my four decades in the business,” says Kerschner. “I am thrilled to join the firm and work with wealth managers to take advantage of developing market investment opportunities.”
