Vanguard has hired BlackRock’s Ursula Marchioni as its head of multi-asset and adviser solutions.
As part of the newly-created role, Marchioni – who previously spent more than 13 years at BlackRock – will oversee the firm’s MPS and multi-asset teams. She will also oversee Vanguard’s Advisory Research Centre (ARC), as well as the portfolio analytics and consulting team.
The role will see Marchioni join the European leadership team. She will report to Jon Cleborne, head of Europe.
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Prior to joining Vanguard, Marchioni was managing director, and head of investment and portfolio solutions EMEA, at BlackRock. She has also worked as head of ETF sales strategy at Credit Suisse Asset Management, and has held roles at Société Générale and KPMG.
Commenting on Marchioni’s appointment, Cleborne said: “I extend a warm welcome to Ursula on joining Vanguard. Her appointment underscores our commitment to the continued evolution of our multi-asset capabilities.
“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.”
Marchioni added she is “proud to join Vanguard at an exciting time”, as the firm continues to “broaden [its] offer and strengthen how [it] supports and partners with advisers across Europe and beyond”.
