Next-generation digital asset investment management firm Jacobi Asset Management has appointed Martin Bednall as its new CEO, a role he will perform in addition to continuing in his current role as managing director of FinEx Capital Management, which he has done for the past eight years.
As incoming CEO, Bednall brings expertise in portfolio management, capital markets, operations and exchange-traded product development. Before FinEx, Bednall spent over 13 years in various roles at BlackRock, including as the co-head of the iShares product team.
With the addition of Bednall, the company says, it gains the experience and expertise of an exchange-traded fund (ETF) veteran to continue the firm’s aspirations of being the premier digital ETF provider in Europe, building on the listing of Europe’s first Bitcoin ETF.
Jacobi chairman Roy McGregor says: “His appointment is a key step in bringing digital assets into the mainstream investment infrastructure, and his experience within ETFs, in particular, is a significant addition.”