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FTSE Group (FTSE) has appointed asset management industry veteran David Hobbs to join its executive team and work alongside them in developing key projects and initiatives, further strengthening the index provider’s position of market leadership. Amongst other responsibilities he will oversee the development of FTSE’s benchmark indices to ensure they continue to meet the current and future demands of investors and build FTSE’s relationship with key clients and industry opinion-formers.
David joins FTSE from UBS Global Asset Management where he worked for 38 years. He brings with him extensive experience of all aspects of investment management having worked during his career as a performance and risk specialist, passive and active fund manager, and investment analyst.
David’s association with FTSE goes back 16 years, as he has held a number of key positions on FTSE committees including Chairman of FTSE’s Equity Indices Committee and Vice Chairman of the FTSE Policy Group. He also continues to have a close relationship with UK pension funds through membership of the Investment Council of the National Association of Pension Funds (NAPF).
Commenting on David’s appointment, Chief Executive Mark Makepeace said, “David will provide invaluable expertise in guiding FTSE’s future product development plans and customer service. This is an exciting time in our company’s growth, and FTSE will benefit greatly from David’s long standing experience in the broader investment community.”
