ETFs

Goldman hires Source founder for European ETF push

Firm faces fierce competition from other US rivals looking to garner a greater share of Europe's ETF industry

Goldman hires Source founder for European ETF push

Goldman Sachs Asset Management has hired Peter Thompson to help it build a presence in Europe’s booming exchange traded fund market.

Thompson, who joins the firm as managing director and head of its European ETF business, was co-founder of Source — the ETF provider that was acquired by Invesco PowerShares in 2017. He will report to Michael Crinieri, global head of GSAM’s ETF business.

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