Tabula promotes Baker to ETF capital markets head

Baker has been at the firm since it was founded five years ago

Tabula Investment Management has promoted Andy Baker to head of ETF capital markets and portfolio manager.

Based in London, Baker’s (pictured) new role will see him focus more on the daily management of the firm’s fund portfolios while engaging with market makers and authorized participants.

His promotion follows two years in product and portfolio management and three years in operations roles at the firm.

Before joining TabulaBaker spent five years at Morgan Stanley including trading and analyst roles covering credit ad equity swap products.

Commenting on the move, Michael John Lytle, CEO of Tabula, tell me ETF Stream: “Andy has been with Tabula since we started setting up the company five years ago. He understands the inner workings of our business and has painstakingly translated that into an efficient creation and redemption process for our funds.

“He has also worked with our 30-plus market makers to make our funds user friendly and has found ways to help them hedge their market exposure between trade execution and execution of their creation/redeem.

“Translating equity liquidity into equity ETF liquidity is relatively well understood and efficient. Almost all ETF market makers are active in equity ETFs. Doing the same for fixed income ETFs is more complicated and requires a bottom-up approach.”

The news follows a spree of hires by the firm in 2022, including three new sales appointments covering Germany and Austria, the UK and Italy.

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