Who's Moving Where In Wealth Management? – BNP Paribas AM

Editorial Staff

11 April 2022

BNP Paribas Asset Management
has made two appointments for its exchange-traded funds and index solutions sales arm.

Benjamin Ertler and Martin Walentowitz joined as senior sales manager and sales manager, respectively. Based in Frankfurt, they report to Claus Hecher, head of business development for ETF and index solutions in Germany, Austria and German-speaking Switzerland.

The firm said that Germany is one of the fastest growing ETF markets in Europe, with a global market share of 27 per cent (valued at $432 billion) in 2021, according to research by Blackwater Search and Advisory. This puts it ahead of the UK ($400 billion) and Italy ($224 billion).

Ertler joins from MSCI, where he was a vice president in index coverage for German banks and asset managers for more than five years. Walentowitz joins from BNP Paribas Wealth Management, where he was an investment manager for more than three years.