Bringing you live news and features since 2006 

ACSI Funds Kevin Quigg

ACSI Funds hires ETF expert Kevin Quigg as chief strategist


ACSI Funds, an asset management firm specialising in the use of proprietary customer satisfaction data as a leading indicator for security selection, has appointed exchange-traded fund (ETF) specialist Kevin Quigg as chief strategist.

ACSI Funds had previously been operating under the name CSAT Funds.
Prior to joining ACSI Funds, Quigg (pictured) was global head of sales strategy for State Street Global Advisors SPDR family of ETFs. Quigg oversaw the growth of assets under management in SPDR ETFs to over USD400 billion during his tenure.
"Kevin Quigg is a recognised leader in the ETF industry and has helped drive the growth and evolution of exchange traded funds for the past 17 years," says Phil Bak, CEO of ACSI Funds. "Kevin is the perfect person to lead our effort to make ACSI's proprietary data and strategies available to a broader set of investors." 
ACSI Funds manages hedge funds and other investment vehicles that invest in large-cap equity securities that are measured by the American Customer Satisfaction Index (ACSI).
ACSI Funds' investment goal is to obtain excess returns at low risk by utilising proprietary customer satisfaction data and analytics as a signal and harbinger for future changes in company earnings and stock prices. ACSI Funds launched an investible equity index earlier this year and filed a registration statement with the SEC on 5 August to launch a related ETF.
The ACSI is based on customer evaluations of the quality of goods and services purchased in the US and produced by domestic and foreign firms with substantial US market shares.
The ACSI was founded in 1994 by Dr Claes Fornell, Donald C Cook Distinguished Professor Emeritus at the Stephen M. Ross School of Business, University of Michigan. Fornell is the world's leading authority on customer satisfaction, its measurement and analysis, and regularly appears in broadcast and print media.
"Dr Fornell's work analysing the relationship between customer satisfaction and security performance is legendary," says Quigg. "The opportunity to make this work accessible to all investors is an important addition to the wealth management marketplace. The proprietary ACSI data provides a unique, intuitive, and valuable factor in building stock portfolios that deliver long term investment growth."

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by