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Source appoints new Head of EMEA Coverage

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Exchange traded funds (ETF) provider Source has appointed Matt Johnson to the the new position of Head of EMEA Coverage. Based in London, he will manage and build Source’s sales infrastructure across Europe and report to Julian Ide, Source’s Chief Executive Officer.

Johnson joins Source from Nomura, where he held the role of Managing Director, EMEA Head – Equity Flow Derivative Sales since 2014. Prior to that he was Managing Director, Global Head of Distribution for ETF Securities. He has also held a senior position at Bank of America Merrill Lynch and worked for Deutsche Bank, Morgan Stanley and JP Morgan Asset Management.

Peter Thompson, President of Source, and one of the firm’s founders is also taking on new responsibilities for growing, building and managing the firm’s strategic partnerships and alliances. Since its launch in 2009, Source has built a track record of developing alliances with some of the biggest companies and brands in the investment industry including Pimco, Man GLG, LGIM, Ashmore and Goldman Sachs.

Ide says: “We view our history and ability to partner with other world class organisations as a competitive advantage of our business model. Expanding this ability and focusing on key strategic partnerships is a key goal of our business and Peter is one of the most skilled and experienced people in the market to take this effort to the next level.

“I’m delighted that Matt Johnson is joining the team at Source at such an exciting time in the evolution of Europe’s asset management industry. Matt has an unparalleled level of experience in both ETFs and asset management and his appointment signals our core strategic drive to convert institutional, wholesale and consumer clients from traditional collectives to ETFs.”

Lee Kranefuss, Executive Chairman at Source, says: “We continue to move aggressively and rapidly to organise and staff the firm to fulfil our strategic mission of growing market share through superior products, best-in-class customer service and geographic expansion.  The changes that we are announcing today move us another step further along this path and I look forward to working with new and existing colleagues in their roles to help make that happen.

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