has lost a mutual fund director to Santander Asset Management
, which incidentally is rumored to be a target by U.S. private equity investors.
has joined Santander to serve as mutual fund distribution director, according to his Linkedin
For three years previously, he worked as a commercial and product director at Principal Financial Group
, where he handled independent financial advisors, institutional sales and mutual fund distribution.
Before that, he served as a deputy director at Banamex Asset Management
, and before that, a manager for institutional sales and mutual fund distribution at Citi
Santander, currently, has no presence in the U.S. mutual fund market, but according to published reports
it is a takeover target for private equity firms Warburg Pincus
and General Atlantic
could not reach Santander nor Principal executives for comment as of press time.
Stay ahead of the news ... Sign up for our email alerts now