Exponential ETFs, an exchange-traded fund (ETF) issuer that brings unique investment ideas to market, has promoted Quantitative Analyst Qiao Duan to the position of Portfolio Manager.
The promotion comes as Women in ETFs, a 4,600 member non-profit organisation that promotes and advances the development and leadership of women working in the ETF industry, reaches its fith anniversary.
“Qiao Duan is one of the youngest, if not the youngest, female ETF portfolio manager in the industry,” says Deborah Fuhr, who serves as a Managing Partner and Founder at ETFGI LLP and is a founder and board member of Women in ETFs.
Duan, who is now believed to be the youngest female portfolio manager in the ETF industry, first worked for Exponential ETFs as an intern in 2016. She officially joined the firm in February 2017 and has been responsible for managing research and analysis relating to all Exponential ETF strategies.
Duan holds a Master’s degree in Quantitative Finance and Risk Management from the University of Michigan, where she won the Quantitative Program Merit Scholarship, and maintained a 4.0 GPA.
“Duan is a brilliant mathematician and portfolio manager, whose talent and work ethic is on par with the most accomplished portfolio managers in the world, of any age, and of any gender. We are lucky to have such an exceptional talent managing our funds on behalf of our investors,” says Phil Bak, CEO of Exponential ETFs.
Exponential ETFs, which offers the American Customer Satisfaction ETF (ACSI) and Reverse Cap Weighted US Large Cap ETF (RVRS) among other domestic equity, international equity and options strategies, has USD250 million in proprietary and sub-advised assets under management.