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.