STOXX Limited, a provider of tradable and global index concepts across a number of asset classes, has expanded its presence in the Asia-Pacific (APAC) region, opening a new office in Sydney and appointing Jonathan Morgan as its regional director, according to a STOXX company statement.
In his new role as the regional director and head of STOXX’s Sydney office, Mr. Morgan will be tasked with overseeing the company’s operations in both Australia and New Zealand. He will be reporting to Shirley Low, Head of APAC for STOXX.
Prior to landing at STOXX, Mr. Morgan served as the senior director, Channel Management at S&P Dow Jones Indices (SPDJI). Before this, he also worked in a variety of senior level positions at the Australian Securities Exchange (ASX) dating back to 2000.
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According to Hartmut Graf, Chief Executive Officer, STOXX Limited, in a recent comment on the appointment, “Australia and New Zealand are markets of great importance to our growth strategy. The Sydney office brings us closer to our local clients in these markets and will help us service them more effectively.”
“With a product offering spanning the best-known and most widely-used indices for Europe, as well as an innovative suite of global smart-beta indices, STOXX is well positioned to offer market participants in Australia and New Zealand a superior choice of index concepts. Jonathan’s experience and networks will be valuable in driving our business forward in Australasia,” Graf added.
“This is an exciting move for STOXX that extends its reach into this region. STOXX is a global leader in the indexing of global equity markets, with a reputation for innovation and insight, especially in the smart beta space, while Australia and New Zealand are sophisticated investment markets. There is a clear opportunity for STOXX to grow its presence here and I look forward to contributing to that growth,” noted Mr. Morgan in an accompanying statement.