Invesco PowerShares expands European team with portfolio management hire

Acquired ETF provider Source earlier this year

Laura Dew
clock • 1 min read

Invesco PowerShares has made its first Europe-based portfolio management hire, recruiting Raphael Stern from Deutsche Asset Management, as it looks to further its scale across the continent.

Stern joins as head of portfolio management EMEA and will report to Brian Hartigan, global head of ETF investments. He will be responsible for building a team of portfolio managers to manage a regional range of ETFs.  He joins Invesco PowerShares from Deutsche Asset Management where he worked as a senior ETF portfolio manager for two years and worked on expanding the Xtrackers range to over 30 products. Prior to this he worked as a portfolio manager and trader at Vanguard for five years and as an analyst at Goldman Sachs and Lehman Brothers.  Invesco PowerShares said this hire fits...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on People moves

Pollen Street names Lynn Fordham as chair in board shakeup

Pollen Street names Lynn Fordham as chair in board shakeup

Will succeed Robert Sharpe

Sorin Dojan
clock 20 June 2025 • 1 min read
GAM promotes Albert Saporta to group CEO in senior leadership overhaul

GAM promotes Albert Saporta to group CEO in senior leadership overhaul

Saporta succeeds Elmar Zumbuehl

Sorin Dojan
clock 18 June 2025 • 1 min read
HSBC AM selects Dan Rudd as UK CEO

HSBC AM selects Dan Rudd as UK CEO

Rudd brings over 30 years of experience

Patrick Brusnahan
clock 17 June 2025 • 1 min read
Trustpilot