Laird leaves Lyxor to 'change the asset management industry'

Departs after three years

Lyxor Asset Management's head of ETF platform distribution Adam Laird has left after three years with the firm to start a new business with the intention to "change the asset management industry".

Laird, who is also stepping down as chair of the Investment Association's ETF committee "and other industry positions", will be starting a new, as-yet unknown business in 2020, according to a statement on Friday (15 November). He said: "For several months I have been incubating an idea to change the asset management industry. I will be starting a new business in 2020 to make this happen." Further details of the new venture are expected in the New Year, Laird added. Laird joined Lyxor in 2016 from his role as head of passive investments at Hargreaves Lansdown. During his time wit...