Exclusive: UBS poaches Barclays head in ETN push

UBS has appointed Rishi Rajan as an executive director and head of public distribution, Americas, in New York. In his new role, Rajan will be responsible for product development and management of the Swiss bank’s US$7.5 billion (as of mid-July) ETN platform, which is the largest in the Americas, as well as InsightShares ETFs. Rajan will be reporting to Chris Baxter, head of fund financing and investments, Americas, also based in New York. Baxter has been in charge of the struct