FIL Nets Ex-BlackRock Executive for Asia ETF Distribution

A former BlackRock executive has joined Fidelity International’s Hong Kong office to lead ETF distribution in Asia.

Fidelity International has appointed Thomas Taw as head of ETF (exchange-traded fund) distribution, Asia Pacific ex-Japan, according to a statement. Based in Hong Kong, he will report to head of APAC ex-Japan Damien Mooney.

In this newly created role, Taw will lead the distribution and strategic positioning of the firm’s ETF product ranges across Asia and work in close collaboration with ETF product teams globally, as well as institutional and wholesale sales teams in the region, to drive client engagement and further build out the business.

Taw has nearly 20 years of experience in Asia’s financial services industry, spanning sales, trading, investments and portfolio advisory. He joins from BlackRock, where he spent the past decade helping to build out the firm’s ETF business in Asia, serving most recently as APAC head of investment strategy for index and active funds.

«The ETF market has grown significantly in recent years and we increasingly see investors in Asia Pacific keen to take advantage of the benefits of active management within ETF vehicles,» noted Mooney. «Tom’s deep expertise in ETFs and his proven track record in building businesses across Asia will be instrumental as we expand our ETF offering to meet the evolving client needs in the region.»