MainStay Investments, a New York Life Co., said Tuesday it has hired ETF-industry veteran Ken Bossen as director of the Institutional Intermediary Business and ETF business development with a specific focus on investment strategists and research analysts.
Bossen, who previously served in senior ETF-related positions at State Street Global Advisors, Morgan Stanley and Citigroup, reports to John Lloyd, managing director and head of the Research Platform Group for MainStay’s IIB.
At Morgan Stanley, Bossen was responsible for the management of the Sector ETF Model Portfolio and the International ETF Focus List. Prior to that, he worked for 26 years at Citigroup, including time as managing director of the firm’s ETF strategy and model portfolio platform.
At MainStay, Bossen will work on building close partnerships with analysts and strategists to help leverage MainStay’s suite of IndexIQ ETF solutions, and he will work to grow IndexIQ’s platform and model presence, the company said.
“Ken brings extensive knowledge of ETFs, equities and the capital markets from his work with some of the most respected financial institutions in the world,” Lloyd said in a statement. “We are excited to add another impact player to IIB’s roster of talented professionals committed to partnering with research and investment teams. Ken promises to further strengthen our pipeline of research platform group opportunities to achieve our institutional business goals and deliver ETF-related value to analysts and strategists.”