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Morgan Stanley Hires Goldman, Blackrock Bigwigs to Launch ETF Platform  

In a recent memo, Morgan Stanley said it plans to launch an ETF platform later in 2022. So reports CNBC.

Morgan Stanley2It is hiring Goldman Sachs’ Anthony Rochte as Global Head of ETFs and BlackRock’s Allyson Wallace as Global Head of ETF Capital Markets to help lead the platform.

The “first class ETF platform” will help the firm to match its “world class investment capabilities with the diverse set of investment vehicles our clients increasingly demand.”

Read the full article from CNBC.

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