ETFs
Northern Trust Asset Management appoints head of global ETFs and funds
ETF Industry Pioneer David Abner to Oversee NTAM ETFs and Mutual Funds
Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, today announced the addition of David Abner as responsible for global ETFs and funds.
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David Abner, Head of Global ETFs and Funds, Northern Trust Asset Management (Photo: Business Wire)
Abner will oversee NTAM’s mutual fund and ETF product strategy, research and development, product management and capital markets, as well as fund and treasury services oversight functions. As of March 31, 2024, NTAM manages more than $230 billion in assets in U.S. mutual funds and global ETFs. With differentiated solutions across all asset classes, NTAM’s mutual fund and ETF product strategy aims to anticipate and meet the investment needs of all. clients.
“NTAM’s mutual funds and ETFs are designed to provide the best investment solutions for our clients, leveraging our decades of experience and a deliberate development process. As we innovate and continue to grow our fund suite, David’s proven leadership and deep expertise will help drive NTAM’s continued growth in this key area of our business,” said NTAM Chairman Daniel Gamba.
Abner is a recognized leader in the ETF industry. Most recently, he was Global Head of Business Development at Gemini Crypto Exchange. Previously, Abner spent more than a decade at WisdomTree Asset Management in a number of leadership roles, including as CEO of WisdomTree Europe. Abner reports to Paula Kar, global head of product at NTAM.
“David is a visionary leader in the ETF industry. As NTAM advances its mutual fund and ETF strategy, we are confident that David’s expertise in building new businesses will enable us to provide our clients with innovative and enhanced solutions for all their investment needs “, said Kar.
Earlier in his career, Abner held executive positions in ETFs at BNP Paribas and Bear Stearns & Co. He holds a master’s degree in management and policy analysis as well as a bachelor’s degree in economics and philosophy of State University of New York at Stony Brook. He is the author of several books on ETFs and the recipient of the Lifetime Achievement Award from
etf.com
.
About Northern Trust Asset Management
Northern Trust Asset Management
is a global investment manager that helps investors adapt to changing market environments in order to achieve their long-term goals. With $1.2 trillion in assets under management as of March 31, 2024, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take, in all market environments and in any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management to craft innovative and effective solutions that seek to deliver targeted investment results. As committed contributors to our communities, we consider it a great privilege to serve our investors and communities with integrity, respect and transparency.
Northern Trust Asset Management is comprised of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, KK, NT Global Advisors, Inc., 50 South Capital Advisors, LLC . , Northern Trust Asset Management Australia Pty Ltd and the investment staff of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset management, asset management and banking services to businesses, institutions, affluent families and individuals . Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., as well as 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. . As of March 31, 2024, Northern Trust had assets under custody/administration of US$16.5 trillion and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has distinguished itself as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on
northtrust.com
. follow us on
X
(formerly Twitter) @NorthernTrust or Northern Trust Corporation on
LinkedIn
.
Northern Trust Corporation, registered office: 50 South La Salle Street, Chicago, Illinois 60603 USA, incorporated with limited liability in the United States. Global legal and regulatory information can be found at:
https://www.northerntrust.com/terms-and-conditions
.
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Europe, Middle East, Africa and Asia-Pacific
Camilla Greene
+44 (0) 207 982 2176
Camilla.Greene@ntrs.com
Contacts in the United States and Canada:
Joanne Zalatoris
+1 (312) 900-3462
Joanne.Zalatoris@ntrs.com