City Financial poaches Source MD for global distribution role

Spent seven years at Source

City Financial has hired Stefan Garcia as global head of distribution from ETF provider Source.

Garcia will be responsible for overseeing City Financial's distribution, marketing, communication and sales efforts. Prior to joining City Financial, Garcia worked as managing director and co-head of Europe for ETF provider Source. He has also worked for ETF Securities as a senior executive where he was among the first employees.  City Financial to acquire Investec Wealth's multi-asset range City Financial runs a range of multi-asset funds, a fixed income fund, an equity absolute return fund and three alternative strategie. It has $4.3bn in assets under management and offices in Lon...