Defiance ETFs Names Former BlackRock Executive Paul Dellaquila as Global Head of ETFs; Dr. Tom Bowles as Director of Research
August 27 2018 - 8:45AM
Business Wire
Mr. Dellaquila has close to 20 years of
distribution experience, with the last decade focused on the world
of ETFs
Dr. Bowles is a recognized pioneer in the
research and implementation of artificial intelligence and machine
learning approaches
Defiance ETFs today announced the addition of two senior members
to its growing team.
Paul Dellaquila, CIMA, CAIA, has been named Global Head of ETFs,
and Dr. Tom Bowles, PhD, has been named Director of Research for
the firm.
In his new role, Mr. Dellaquila will be in charge of
distribution and product development for Defiance ETFs. For the
past six years, he was a leader of U.S. Wealth Advisory ETF
distribution for BlackRock and was formerly head of iShares Private
Group sales desk. In his previous role, he was responsible for
iShares ETF distribution efforts across the wirehouse, independent
and private wealth channels. Mr. Dellaquila has also held senior
roles overseeing BlackRock open end, SMA and iShares distribution
for the wirehouse channel.
“Paul’s client-centric approach and deep knowledge of portfolio
construction and the ETF industry make him ideally suited to take
on this role with Defiance,” said Matthew Bielski, founder and CEO
of Defiance ETFs.
Dr. Bowles, Defiance ETFs’ incoming Director of Research, is one
of the world’s most accomplished experts in the fields of machine
learning, quantum computing and artificial intelligence (AI).
Through his pioneering work in utilizing alternative data, such as
that gathered from satellites, news and social feeds, Dr. Bowles
helped create a number of first of their kind applications for
these disruptive technologies. He also serves as the founder in
residence and chief scientist at Founder’s Factor and Founders
Forum, a network of successful startup founders and business
leaders, and holds a Degree in Mathematics and Computing, and a PhD
from the University of Oxford in Clinical Medicine.
“Defiance’s mission is to provide investors with targeted
portfolios that allow them to access transformative technologies,
and there is perhaps no one better at identifying truly
transformative technology than Dr. Bowles,” said Bielski. “We are
thrilled to have him join our team and head up our research efforts
as we look to continue to grow our family of ETFs.”
These additions to the Defiance leadership team come shortly
after the launch of the firm’s first Exchange Traded Fund (ETF),
Defiance Future Tech ETF (NYSE: AUGR), which is designed for
investors seeking to capitalize on the growing opportunities in
augmented reality and virtual reality (AR/VR) technology, a
disruptive tech category that is already having a meaningful impact
on a wide range of industries.
The firm has also filed for a number of other ETFs, also focused
on disruptive technology categories.
About Defiance ETFs
Defiance ETFs offers investors access to transformative
technology via targeted portfolios. Defiance ETFs’ distinct
approach to disruptive investing empowers investors to be on the
leading edge of technological developments that have the potential
to alter industries, and change how we experience the world. The
firm’s flagship product, AUGR, focuses on the opportunities
presented by augmented and virtual reality.
The Funds' investment objectives, risks, charges, and expenses
must be considered carefully before. The prospectus and summary
prospectus contains this and other important information about the
investment company. The prospectus can be obtained by calling
1-833-333-9383. Please read it carefully before investing.
Investing involves risk. Principal loss is
possible. As an ETF, the fund may trade at a premium or
discount to NAV. Shares of any ETF are bought and sold at
market price (not NAV) and are not individually redeemed from the
Fund. The Fund is not actively managed and would not sell a
security due to current or projected under performance unless that
security is removed from the Index or is required upon a
reconstitution of the Index. A portfolio concentrated in a single
industry or country, may be subject to a higher degree of risk.
The value of stocks of information technology companies are
particularly vulnerable to rapid changes in technology product
cycles, rapid product obsolescence, government regulation and
competition. The Fund is considered to be non-diversified,
so it may invest more of its assets in the securities of a single
issuer or a smaller number of issuers. Investments in
foreign securities involve certain risks including risk of loss due
to foreign currency fluctuations or to political or economic
instability. This risk is magnified in emerging markets.
Small and mid-cap companies are subject to greater and more
unpredictable price changes than securities of large-cap
companies.
The BlueStar Augmented and Virtual Reality Index is a
rules-based index tracking the performance of a group of
globally-listed stocks of companies engaged in the research &
development or commercialization of products and services related
to augmented and virtual reality within one of the following
categories: Gaming systems and video games; artificial
intelligence, including machine vision and natural language
processing; graphic processing units; cloud computing
infrastructure; simultaneous localization and mapping; displays
including holographic and adaptive interfaces; and sensors for
depth perception and positioning. It is not possible to invest
directly in an index.
The “BlueStar Augmented and Virtual Reality Index™” and “BAUGTR™
Index” (collectively “Augmented and Virtual Reality Index”), is the
exclusive property and a trademark of BlueStar Global Investors LLC
d/b/a BlueStar Indexes® and has been licensed for use for certain
purposes by Defiance ETFs LLC. Products based on the Augmented and
Virtual Reality Index are not sponsored, endorsed, sold or promoted
by BlueStar Global Investors, LLC or BlueStar Indexes®, and
BlueStar Global Investors, LLC and BlueStar Indexes® makes no
representation regarding the advisability of trading in such
product(s).
Defiance ETFs, LLC is the adviser to the Fund which is
distributed by Quasar Distributors, LLC.
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MacMillan CommunicationsChris Sullivan/Caroline Emerson,
212-473-4442caroline@macmillancom.com
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