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Monday, November 9, 2009 IndexIQ Aims to Amp Up its Distribution IndexIQ, an alternatives-focused asset manager, is hatching plans to bolster its distribution team, according to Tony Davidow, the head of distribution. First on tap, the fund firm is in talks with UBS to distribute its mutual funds via their wirehouse platform and is considering using Merrill Lynch's platform down the road. IndexIQ currently distributes via Morgan Stanley. "We're in the process of building up our distribution team," Davidow told the MFWire in an interview. While he did not disclose whether personnel hires would be made as part of the planned expansion process, it looks like IndexIQ may be welcoming some new members to its family. Davidow also discussed IndexIQ's recent launch of two new ETFs aimed at hedging against inflation and the fund's fairly aggressive targeting of RIAs recently. In October, IndexIQ introduced the IQ CPI Inflation Hedged ETF and the IQ ARB Global Resources ETF. Printed from: MFWire.com/story.asp?s=23169 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |