Aberdeen Investments has tapped Caroline Hertrich to lead its UK and EMEA exchange-traded fund strategy. The newly created role aims to scale the firm’s ETF franchise, leveraging Hertrich’s 15-year background at Bloomberg, FTSE Russell, and BlackRock. Steven Dunn, global head of ETFs, noted that Hertrich will focus on expanding active strategies, an area where European client interest is currently outpacing market maturity.
London-based Ruffer has appointed Alexander Millar as head of institutional to spearhead the firm’s international outreach. Bringing over two decades of experience from Invesco, where he built institutional footprints in the Middle East and the UK, Millar will report to Jos North. The move comes as Ruffer, which manages £18 billion in assets, seeks to provide more resilient investment strategies for sophisticated asset owners navigating volatile markets.

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