, an alternatives-focused asset manager, is hatching plans to bolster its distribution team, according to Tony Davidow
, the head of distribution. First on tap, the fund firm is in talks with UBS
to distribute its mutual funds via their wirehouse platform and is considering using Merrill Lynch
's platform down the road. IndexIQ currently distributes via Morgan Stanley
"We're in the process of building up our distribution team," Davidow told the MFWire
in an interview.
While he did not disclose whether personnel hires would be made as part of the planned expansion process, it looks like IndexIQ may be welcoming some new members to its family.
Davidow also discussed IndexIQ's recent launch of two new ETFs aimed at hedging against inflation and the fund's fairly aggressive targeting of RIAs recently. In October, IndexIQ introduced the IQ CPI Inflation Hedged ETF
and the IQ ARB Global Resources ETF
Stay ahead of the news ... Sign up for our email alerts now