Lyxor has expanded its ETF sales team in the UK with the appointment of Vanguard’s Freddie Pendarves.

Based in London, Pendarves will be responsible for the distribution of Lyxor’s ETF range to UK clients.

He spent four years at Vanguard between 2016 and 2020 where he started as a wealth management sales associate before becoming a business development manager.

The appointment comes four months after the French asset manager hired Heike Fürpaß-Peter in April to head its ETF business for Germany and Austria.

She has the responsibility of completing the merger between the Lyxor and ComStage ETF ranges following its acquisition from Commerzbank in July 2018.