US ETF provider Vanguard has appointed Simone Rosti as head of Italy.
In this newly created position, Rosti will be based at Vanguard’s European headquarters in London, where he will lead Vanguard’s efforts to develop its offering for the Italian market.
Rosti joins Vanguard from UBS Asset Management where he was head of Passive and ETF Sales for Europe. Prior to that, he was UBS Head of ETFs Italy when he joined the firm in 2012. Previously, Rosti worked for iShares/Blackrock as a senior sales representative for the Italian market, and as head of Marketing from 2007-2010. He began his career in the financial industry in 2002.
Thomas Merz, head of Distribution, Europe, Ex-UK comments: “Hiring Rosti is an important milestone for Vanguard, as we look to continue expanding our presence across Europe. His knowledge and experience will be key to giving investors the best chance of investment success.”
Vanguard manages $5trn on behalf of more than 20 million investors worldwide offering a large selection of low-cost mutual funds, ETFs, advice, and related services.
Vanguard’s European operations currently have over $175bn in assets under management as at the end of May 2018.