Key facts
- Toscafund is a US-headquartered asset manager.
- Toscafund oversees $840 billion in assets.
- Paul Donohoe has joined Toscafund.
- Paul Donohoe was formerly the head of Emea equities trading at HSBC.
- Toscafund aims to expand its exchange-traded fund (ETF) business.
- Toscafund's ETF expansion will focus on European markets.
Toscafund, a US-headquartered asset manager with $840 billion in assets under management, has appointed Paul Donohoe to its team. Donohoe previously served as the head of Emea equities trading at HSBC. His recruitment is a key component of Toscafund's strategy to significantly expand its exchange-traded fund (ETF) business. The firm is specifically targeting growth opportunities within European markets. Donohoe's extensive experience in equities trading is expected to be instrumental in developing and enhancing Toscafund's ETF products and overall market strategy in Europe. This expansion into ETFs represents a strategic push for Toscafund to diversify and grow its offerings in a competitive asset management landscape.