Global X Australia names portfolio management lead

InvestorDaily

Global X ETFs has appointed Chris Wolak as head of portfolio management, set to succeed Cliff Man, who will depart from the business after more than a decade with Global X and its predecessor business, ETF Securities. Wolak, who will assume his new capacity in October, will oversee the company’s ETF product line-up across equities, fixed income, commodities, and digital assets, which represents over $7.6 billion in assets under management. As head of portfolio management, Wolak will also lead a team of investment professionals, oversee the management of all Global X ETFs’ trading infrastructure, foster service provider relationships, and drive product development.

He brings more than 18 years of portfolio management experience to the role, joining from UBS Global Asset Management, where he led the index portfolio management team in Australia for over 12 years. According to Global X, this saw Wolak spearhead the establishment of UBS’ APAC regional indexing capability, including building a portfolio management team, which resulted in over U$28 billion of client portfolio growth. Young Kim, Mirae Asset’s Global Investments chief global officer, welcomed Wolak to the firm.

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