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Source adds to UK coverage team

Exchange-traded product (ETP) provider Source has appointed Dominic Clabby to the firm’s UK coverage team.

Clabby will be responsible for coverage of investment and trading platforms, intermediaries and independent financial advisers in the UK and Ireland.
 
This growth in the Source coverage team helps meet the needs of the company’s expanding asset and investor base.
 
“RDR might have been the catalyst, but many IFAs are now seeing the clear benefits in investing in ETPs and need greater support from providers,” says Michael John Lytle, chief development officer at Source. “Adding Dominic to our team increases our reach within the IFA community, offering them the opportunity to benefit from the differentiated content available to investors in a Source ETF.”
 
"RDR has stimulated investors' interest in greater transparency,” says Clabby. “This creates an obvious opportunity for ETPs. Many platforms and IFAs have a growing awareness of ETPs but have not yet begun to act accordingly. As a result, I can see these intermediaries dramatically changing their approach to ETPs over the next few years."

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