Dublin-based third-party management company has appointed Daniel Osborne as Managing Director, Head of ETF Solutions, based in London, effective immediately. He will report into Des Fullam, Chief Regulatory & Client Solutions Officer at Carne.
Osborne brings more than three decades of experience, primarily in ETF distribution, operations and strategy, built across some of the world’s most prominent asset managers.
Most recently, he served as Chief Operating Officer and Managing Director at State Street, where he led the ETF business across intermediary distribution and commercial operations in EMEA and APAC for over five years.
Before that, he held a series of senior roles at BlackRock within iShares EMEA, including Director of Business Management and Director of Sales Strategic Initiatives, overseeing distribution, risk and compliance frameworks, and commercial partnerships across the European ETF business.
In his new role, he will lead Carne’s ETF business, supporting existing clients and asset managers seeking to establish and grow ETF platforms, with a particular focus on helping managers bring products to market with speed and ease. He will draw on his breadth of experience across the ETF ecosystem to help clients navigate an increasingly complex and competitive market, managing senior client relationships and leading the delivery of business-critical projects as more managers look to enter the space.
Des Fullam, Chief Regulatory and Client Solutions Officer at Carne, said: “The European ETF market is at an inflection point. Established managers are accelerating their active ETF strategies, and firms that have never before considered the wrapper are now actively exploring its potential, a trend we are seeing play out with our own clients and across the wider market.
“With only 23% of managers feeling confident they can support active ETF launches in-house, Carne is well placed to support that wave of new entrants needing support, and Daniel’s appointment is central to that. His combination of expertise in distribution, commercial execution and ETF operations, developed across two of the world’s largest asset managers, is exactly what our clients need as they look to build scalable, compliant and competitive ETF products.”
