Marchioni’s role will involve overseeing Vanguard’s Model Portfolio Solutions (MPS) function and multi-asset teams, the Advisory Research Centre (ARC), and the Portfolio Analytics & Consulting team.

Marchioni brings experience in multi-asset investing, portfolio solutions, and advisor engagement throughout Europe. Most recently, she was a managing director at BlackRock, where she led Investment and Portfolio Solutions across EMEA. Prior to her role at BlackRock, Marchioni worked at Credit Suisse, Société Générale and KPMG. She holds a degree in physics from the University of Trento.

“Her appointment underscores our commitment to the continued evolution of our multi-asset capabilities,” Jon Cleborne, head of Europe, said. “Ursula will be instrumental in leading our experienced teams, who play a key role in helping European and international clients build better portfolios, address their challenges, and adapt to changing market conditions.”

Fidelity International
, a global asset manager and retirement savings business, has appointed Elisa Prezzavento as director of ETF product strategy and development, based in London.

Prezzavento will be responsible for supporting the development of Fidelity’s ETF product strategy, in particular, expanding the firm’s range of active ETF strategies. Her role will also involve identifying new areas of client demand, developing innovative products, and ensuring that Fidelity’s ETF platform remains competitive in a fast-evolving market.

Prezzavento has international ETF expertise, with lexperience in product innovation, fixed income strategy and index solutions in the Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC) markets. She is joining from State Street Investment Management, where she most recently led EMEA fixed income product innovation, having previously held senior ETF product development and strategy roles spanning EMEA and APAC. Prior to this, Elisa spent nearly 14 years at ICE Data Indices.

“Elisa brings deep ETF product expertise and a strong track record of innovation, further strengthening our capabilities in this area.” Neil Davies, head of ETF product and capital markets, Europe & Asia-Pacific, Fidelity International, said. “Her appointment reflects our continued commitment to expanding and evolving our ETF offering to meet the changing needs of clients.”