Invesco has poached from Blackrock as it builds out its UK business development team in an effort to become one of Europe’s largest ETF providers.
Ambrice Miller was head of UK insurance sales at iShares and will work with a “broad range” of clients at Invesco, which at $44.4bn (£34bn) total ETF assets is currently the seventh-largest provider in Emea.
Miller started out in securities lending when she joined Blackrock in 2013, according to her Linkedin profile.
At Invesco, she will report to Kate Dwyer (pictured), head of UK ETF business development, who said the hire indicates the asset manager’s “high aspirations for continued growth”.
At the start of the year, Invesco added Hamid Asseffar to its London-based ETF team to cater to family offices and multi-asset manager clients.
The asset manager is aiming to become a top-three firm for ETF assets in Emea by the end of 2021. It ranks third for flows in the region in the year to date.
Its most popular products have been the Invesco US Treasury Bond 7-10 Year Ucits ETF and Invesco Physical Gold ETC.
