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Ex-HSBC Emea equities trading boss joins Toscafund to expand ETF business

Created at 11 Aug · 10:00 AM2 sources2 events
IN SHORT

Paul Donohoe, formerly the head of Emea equities trading at HSBC, has joined Toscafund, a US-headquartered asset manager overseeing $840bn. The firm aims to expand its exchange-traded fund business, with a focus on European markets.

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Key Numbers

$840bnassets under management at Toscafund

Who's Involved

Paul Donohoe
former HSBC Emea equities trading boss, now at Toscafund
Toscafund
US-headquartered asset manager
HSBC
former employer of Paul Donohoe

↳ Why This Matters

The move signals Toscafund's strategic intent to grow its ETF offerings, potentially impacting market competition and product availability in the European ETF space.

Key facts

  • Paul Donohoe has joined Toscafund.
  • Toscafund is a US-headquartered asset manager with $840bn in assets.
  • The firm plans to expand its ETF business, including in Europe.

Paul Donohoe, previously the head of Emea equities trading at HSBC, has joined Toscafund. The US-headquartered asset manager oversees $840bn and is looking to grow its exchange-traded fund (ETF) business, with a particular focus on European markets. The additional sources provided discuss unrelated news regarding EdenTree's charity sector push, hedge fund performance during AI stock volatility, HSBC's trading revenue growth, and Bank of America's Emea leadership.

Frequently asked questions

Paul Donohoe is a former head of Emea equities trading at HSBC who has now joined Toscafund.

Toscafund manages $840bn in assets.

Toscafund is looking to expand its ETF business, particularly in Europe.

What Happens Next

01Toscafund is expected to detail its ETF expansion plans.

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How It Developed

Paul Donohoe, ex-HSBC Emea equities trading boss, has joined Toscafund.
Toscafund plans to expand its ETF business, including in Europe.

Sources

T1
Ex-HSBC Emea equities trading boss joins ToscafundFinancial News London
T1
Susquehanna adds top Bank of America rates trader in latest London hireFinancial News London
T2
Financial and Business News | Financial News Londonfnlondon.com

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