Avantis Investors® Builds Up Distribution Team in Germany and Austria

With the increasing demand of UCITS ETFs in Europe, Avantis Investors^®, a $75 billion* investment offering from the $283 billion** global asset manager American Century Investments^®, today announces that Pay Fahlbusch has joined the business as head of wholesale and ETFs for Germany and Austria. Fahlbusch will report to Head of EMEA Richard Adams in the UK. This is the third recent addition in the region focused on fostering strong relationships with wealth managers, following the additions of Rebecca Bilek-Chee and Robbie Main.

"The response from European investors has been positive," said Adams. "Pay has worked directly with clients for several years and his expertise is going to help us reach more people."

Fahlbusch joins the firm from AXA Investment Managers, where he spent almost the last two years as head of ETF sales Germany & Austria responsible for developing the newly created ETF-franchise in those two markets for the French Asset Manager. Before that, Fahlbusch spent several years at UBS Asset Management and DWS (Xtrackers) working as member of their ETF teams, covering clients in Germany.

Huge Growth Potential in Europe for UCITS ETFs

"We are seeing huge growth potential in Europe, and we are delighted to have Pay join our team and help us bring our low-cost, broadly diversified strategies to clients," said Phil McInnis, chief investment strategist for Avantis.