Vanguard appoints Marco Corsi to lead newly established Vanguard Global ETF research centre

Vanguard | 23 October 2018


Vanguard has appointed Marco Corsi as Head of Vanguard's Global ETF Research Centre, a newly established team based in London dedicated to the study of ETFs and ETF investors.

Under Marco's leadership, the team will develop ETF-related research, perspectives, and content that will inform and educate institutional investors, retail intermediaries, and self-directed investors.

ETFs are the fastest growing investment product in the world. In February 2018, assets held in ETFs crossed the US$5 trillion barrier for the first time. This follows four consecutive years of inflows into ETFs. As at 30 September 2018, Vanguard ETFs totaled AUD$1.3 trillion and in Australia, Vanguard is the largest ETF manager with AUD$12.2 billion under management.

Marco joins Vanguard from BlackRock, where he was most recently a Director at iShares responsible for the Europe, Middle East and Africa product research and innovation team. Previously, Marco held roles at Decura, Barclays, and Merrill Lynch. He holds a Master's degree from the University of Paris VI as well as a PhD in applied mathematics from the University of Paris VII and the University of Padova. Marco reports to Axel Lomholt, Head of International ETFs.

Axel Lomholt, Head of International ETFs, comments: "We are establishing a dedicated research team to address critical global ETF issues to produce perspective that will be topical and insightful to investors, regulators, and influencers. As a global ETF leader, Vanguard looks forward to producing world-class research on this widely adopted investment product and its use by various types of investors."

The London-based research team will collaborate with Vanguard's other research groups around the world. Vanguard has long been a leader in investment and retirement research and commentary.

Vanguard's Investment Strategy Group frequently publishes white papers, web content, and academic articles on topics ranging from portfolio construction and investment strategies to current market and economic trends.

Vanguard Center for Investor Research, which examines the behaviour of individual investors, distributed earlier this year its flagship publication, How America Saves, which is widely referenced by plan sponsors, consultants, regulators, and academics as a benchmarking tool and blueprint for best practices in 401(k) plan design. The Center has also published similar studies in Australia and the UK, with the second How Australia Saves due to be released in early 2019.

With more than AUD $7.3 trillion in assets under management as of 30 September 2018, including more than AUD $1.3 trillion in ETFs, Vanguard is one of the world's largest global investment management companies. In Australia, Vanguard has been serving financial advisers, retail clients and institutional investors for more than 20 years.

Vanguard's newest ETF, the Vanguard Global Infrastructure Index ETF (VBLD), announced last week begins trading today on the Australian Securities Exchange, joining four other Vanguard ETFs listed this year including ESG and Active ETF offerings.

For further information please contact:

Martha Wood
Media & External Communications Manager
+61 410 470 165