Fidelity hires Elisa Prezzavento to expand active ETFs

Fidelity International has appointed Elisa Prezzavento as Director of ETF Product Strategy and Development in London. The firm said she will lead efforts to expand its range of active ETF strategies across Europe and Asia‑Pacific and to support development of new active and targeted ETF solutions for clients.

Prezzavento will report to Fidelity’s ETF product and capital markets team. Her responsibilities include identifying areas of client demand, designing new ETF products, translating portfolio strategies into ETF structures and managing product positioning to meet regulatory and operational requirements across jurisdictions in Europe and Asia‑Pacific.

She joins from State Street Investment Management, where she led EMEA fixed income product innovation and held senior roles in ETF product development and strategy covering EMEA and APAC. Before State Street, Prezzavento spent nearly 14 years at ICE Data Indices, working on index licensing and methodology.

Fidelity said it is the second-largest provider of active ETFs in Europe, with about $11.3 billion in assets under management in that segment. The firm also said demand is growing for active and targeted ways to access markets, and that product differentiation is increasingly important for asset managers.

Neil Davies, Head of ETF Product & Capital Markets, Europe & Asia‑Pacific at Fidelity International, commented: “The ETF market is evolving at pace, with investors increasingly seeking active and targeted ways to access markets. As demand continues to grow, innovation and differentiation will remain critical to delivering relevant investment solutions. Elisa brings deep ETF product expertise and a strong track record of innovation, further strengthening our capabilities in this area. Her appointment reflects our continued commitment to expanding and evolving our ETF offering to meet the changing needs of clients.”

Fidelity said Prezzavento’s international experience in product innovation, fixed income strategy and index solutions will support its plans to accelerate active ETF product development and reduce time to market for new launches. The firm said product strategy, capital markets execution and distribution teams will coordinate to bring new active ETF strategies to market.