Lyxor Asset Management’s Nizam Hamid, head of exchange traded fund (ETF) strategy and deputy head of ETFs Europe, has left the firm, Wealth Manager understands.
Hamid, who joined the firm in November 2010, reportedly left last week.
Before joining Lyxor, Hamid was head of sales strategy at BlackRock’s iShares, having joined the ETF provider in 2008.
Prior to this, Hamid (pictured) was global head of portfolio, index and delta one research at Deutsche Bank, where he had worked for 10 years.
Hamid’s departure comes shortly after the swap-based ETF provider announced its first foray into the physical product space, with Lyxor having converted a raft of its synthetic funds.
Earlier in the year, the firm had re-organised its ETF business, creating an ‘ETF and Indexing’ unit headed by Lyxor chairman Alain Dubois, in a move that shifted the ETF business away from the investment bank.