BNP Paribas Asset Management (‘BNPP AM’) has further strengthened it ETF and indexed fund team with the appointment of Chris Hofmann as Senior Sales Manager for German-speaking clients. She joined at the beginning of October.
Based in Munich and reporting to Claus Hecher, Head of Development in Germany, Austria and German-speaking Switzerland, Chris is responsible for expanding the distribution of index-linked products, in particular the BNP Paribas Easy range of exchange-traded funds, to institutional investors and local distribution networks.
Chris’s appointment continues the growth of BNPP AM’s employees focused on indexed fund and ETF solutions in the European market. Germany is the second largest European market for ETF investing, with ETFs accounting for 27.2% of total assets under management*, after the UK and ahead of France. More than 550 ETFs are listed in Germany, accounting for EUR 157 billion of assets under management (source: ETFGI, as at 31 August 2017).
Isabelle Bourcier, Global Head of ETF and indexed fund activities at BNP Paribas Asset Management, comments:
“We are very pleased to welcome Chris Hofmann to the BNP Paribas Asset Management ETF and indexed fund sales team in Germany. Her considerable experience of the ETF market, combined with her excellent knowledge of the specific needs of German private banks and family offices will be very important for the growth of our business in the German market, which is one of the key European markets for our BNP Paribas Easy ETF range.”
Biography of Chris Hofmann
Chris Hofmann, 35, has more than 10 years’ experience of ETFs. She began her professional career in 2006 as an ETF specialist within Lyxor’s German Sales and Marketing team, before joining UniCredit’s brokerage business in 2009 as Head of ETF Sales for Germany, Austria, Luxembourg and Switzerland. In 2010, she was promoted to Head of ETF Sales for Europe and was Head of ETF Allocation Advisory within UniCredit Wealth Management from 2015 to 2017. Chris is a graduate of the ACCADIS School of International Business (SIB) in Bad Homburg and the American Business School in Paris.
Investments in the aforementioned fund are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment. Source: BNP Paribas Asset Management Holding.