Nasdaq promotes Comstedt to move of ETF gross sales for Europe | Popgen Tech

Comstedt has been with the agency for greater than a decade

Nasdaq has promoted Wictor Comstedt to European head of gross sales for ETFs and exchange-traded merchandise (ETPs) because the agency appears to be like to spice up adoption of the wrapper throughout the continent.

In his new function, Comstedt (pictured) might be chargeable for main the agency’s gross sales, partnerships and propositions for ETFs, listed funding funds, various funding funds (AIF) and securitized derivatives with a deal with the Nordic and European markets.

Comstedt held varied enterprise growth roles over greater than a decade at Nasdaq, together with three years as gross sales supervisor for ETFs and ETPs in Europe.

Comstedt mentioned in commenting on his promotion ETF stream: “Nasdaq has a robust ETF and ETP providing, particularly within the Nordic nations, however there may be extra to do.

“I’m satisfied that we will make 2023 the yr that we speed up the transformation and adoption of ETFs and ETPs available in the market.“

Final yr, Nasdaq partnered with AXA Funding Managers and World X after they launched Europe’s most cost-effective Nasdaq 100 ETF and first Nasdaq 100 coated name ETF, respectively.

The index supplier additionally partnered with Hashdex on a Nasdaq crypto basket ETP, launching the world’s first indices that monitor the value of eradicating carbon dioxide from the ambiance.

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