Source increases German and Austrian coverage team

PRESS RELEASE

London, 21st July 2014: Source, an investment firm and one of the market-leading European providers of Exchange Traded Products (ETPs), is pleased to announce that Ulrich Cord has joined the company as Associate within the Germany and Austria coverage team, reporting to Ludovic Djebali, Co-head of EMEA.

“The addition of Ulrich further enhances the depth and expertise within the coverage team,” said Ludovic Djebali, “so we are delighted that he has joined us.  As we continue to focus on developing new and innovative products for European investors, it is vital that we have experienced and knowledgeable people in place, especially for such key markets.”

“Despite the growth in the ETF over the last years in Europe and Germany in particular, I still see great potential for further growth”, Ulrich Cord explains.  “The combination of providing highly efficient market beta as well as compelling differentiated strategies in the ETF format attracted me most to Source.

“Having covered German private banks and wealth managers, I know how great the demand for smart investment solutions is within this investor segment, coupled with a cost-efficient vehicle and high execution transparency.”

Notes to editors:

Ulrich Cord – Associate – Germany and Austria

Ulrich is a member of the coverage team for Germany and Austria at Source. Prior to this, he was responsible for structured products and ETF advisory to German and Austrian Private & Regional Banks and Wealth Mangers at Isarvest GmbH, a structured products and ETF brokerage. Ulrich started his career at HSBC in 2008 where he covered Private Banks and Wealth Managers, before joining the Investor Solutions Group where he was responsible for marketing and business development of the pensions business to third party distributors. Ulrich attended the University of Applied Sciences, Dortmund, and holds a Diploma in Business Administration.