SocGen & Lyxor AM Announce Appointment Of New ETF Management Team In Europe

Societe Generale Logo - Societe Generale Corporate & Investment Banking and Lyxor Asset Management have announced the appointment of the new Exchange Traded Funds (ETF) management team in Europe:

Simon Klein is appointed as Head of ETF for Europe, effective 1st of January. He joins the bank from Deutsche Bank in Frankfurt where he was head of ETF and ETC sales for Continental Europe. Based in Frankfurt, he will report to David Escoffier, Co-Head of Global Equity Flow of Societe Generale Corporate & Investment Banking, and to Laurent Seyer, Chief Executive Officer of Lyxor Asset Management.

Nizam Hamid is appointed as Head of ETF Strategy and Deputy Head of ETF Europe, effective 22nd of November. He joins the bank from Blackrock/BGI in London where he was Head of ETF Strategy for EMEA; Nizam brings with him over 20 years experience in cash equities, quant research and ETF. Nizam Hamid will be based in London and will report to Simon Klein.

Recognized as an industry leader since 2001, Societe Generale Corporate & Investment Banking through its subsidiary Lyxor Asset Management continues to strengthen its position in the ETF market. With 20% market share (source Morningstar as of end of october 2010) and AuM of EUR 36.2 bn (source Lyxor as of end of October 2010), Lyxor is the 4th global ETFs provider and the 2nd largest provider in Europe. The Lyxor ETF range offers 214 ETF, 520 cross-listings, covering more than 120 indices. Lyxor manages the largest ETF in Europe, the Lyxor ETF Euro STOXX50 (TER: 0.25%) with EUR 5.5Bn of AuM.

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