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Source hires senior UK and Ireland managing director

Exchange-traded product (ETP) provider Source has appointed David Lake as managing director, UK and Ireland coverage.

“David brings with him a wealth of experience that will be valuable for the coverage team and the expansion of Source as a brand,” says Peter Thompson, chief strategy officer. “Along with an in-depth knowledge of the UK and Ireland markets, he has also worked with incorporating ETPs in a multi-asset allocation framework. This is increasingly important as investors are searching for ways to improve risk-adjusted performance and they become more aware of what ETPs can offer.  With investors eager to learn more, it is imperative that Source is able to help them, and David’s appointment will assist us in this regard.”
Lake says: “I am extremely excited about joining Source, which has proven itself as a high quality ETP provider across Europe in just five years.  With an outstanding product platform of equity, fixed income, commodity and alternative funds, I think Source is ideally placed to meet the investment needs of UK and Ireland investors – and I’m delighted to be part of Source’s ongoing expansion.”

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