Money Management

Vanguard hires head of new global ETF research center

Marco Corsi was named head of Vanguard Group's global exchange-traded funds research center, a spokesman said.

The position is new. Mr. Corsi develops ETF-related research, perspectives and content that will inform and educate institutional investors, retail intermediaries and self-directed investors.

"We are establishing a dedicated research team to address critical global ETF issues to produce perspective that will be topical and insightful to investors, regulators and influencers," said Axel Lomholt, head of international ETFs, in a news release.

Mr. Corsi was most recently director for Europe, the Middle East and Africa product research and innovation at BlackRock (BLK)'s iShares unit. A spokeswoman could not be reached to comment about a replacement.

Vanguard has $5.2 trillion in assets under management.