Bringing you live news and features since 2006 

Moneyfarm makes CIO and CFO appointments


Digital wealth manager Moneyfarm has appointed a chief investment officer (CIO) and a chief financial officer (CFO).

Richard Flax joins Moneyfarm as CIO having previously held portfolio management roles at both PIMCO and Goldman Sachs Asset Management.
He brings more than 17 years of institutional experience to the role and will oversee the full remit of Moneyfarm’s investment decision-making.
Paolo Savini Nicci joins as CFO, bringing more than 15 years of experience in principal finance and private equity, including roles at Morgan Stanley, AnaCap Financial Partners and Cabot Square Capital portfolio companies. 
Moneyfarm has more than 80,000 active users and has experienced a 60 per cent increase in its user base for 2016 to date.
Moneyfarm co-founder Paolo Galvani says: “Moneyfarm has an incredibly strong team that has achieved great things over the last five years. Richard and Paolo bring experience that will help the company in our next phases of growth – as we look to build out our product offering to deliver great customer outcomes for the full wealth lifecycle.”
Flax says: “I’m really excited to join the dynamic team at Moneyfarm. As a company it is delivering a high quality solution to customers and I’m very much looking forward to building on that success to create the best possible investment experience.”
Savini Nicci adds: “Moneyfarm is delivering something truly important, it is making high quality investing simple for customers, at a time when both the savings gap and the need for individuals to take control of their finances are growing. I’m very excited to be part of that future.”

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
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