Northern Trust Asset Management Appoints New Head of Global ETFs and Funds

Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, announced today the appointment of David Abner as Head of Global ETFs and Funds.

“David is a visionary leader in the ETF industry. As NTAM advances its mutual fund and ETF strategy, we are confident that David’s expertise in building new businesses will allow us to provide our clients with innovative and improved solutions to all of their investment needs,” stated Paula Kar, NTAM Global Head of Product.

In his new role, Abner will oversee NTAM’s mutual fund and ETF product strategy, research and development, product management, capital markets, fund services oversight, and treasury functions. As of March 31, 2024, NTAM manages over $230 billion in U.S. mutual funds and global ETFs. With differentiated solutions across all asset classes, NTAM’s strategy aims to anticipate and meet the diverse investment needs of its clients.

“NTAM’s mutual funds and ETFs are designed to provide best-in-class investment solutions for our clients, leveraging our decades of experience and a deliberate development process. As we innovate and continue to build our suite of funds, David’s proven leadership and deep expertise will help drive NTAM’s continued growth in this key area of our business,” said NTAM President Daniel Gamba.

David Abner is a recognized industry leader in ETFs. Most recently, he served as Global Head of Business Development at Gemini Crypto Exchange. Previously, Abner spent over a decade with WisdomTree Asset Management, including serving as CEO of WisdomTree Europe. He reports to Paula Kar, NTAM Global Head of Product.

Earlier in his career, Abner held leadership positions in ETFs at BNP Paribas and Bear Stearns & Co. He holds a master’s degree in management and policy analysis and a bachelor’s degree in economics and philosophy from the State University of New York at Stony Brook. He is the author of multiple books on ETFs and the recipient of a lifetime achievement award from

About Northern Trust Asset Management

Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments to achieve their long-term objectives. With $1.2 trillion in assets under management as of March 31, 2024, NTAM believes that investing serves a greater purpose and that investors should be compensated for the risks they take. Combining robust capital markets research, expert portfolio construction, and comprehensive risk management, NTAM strives to deliver innovative and efficient solutions that seek to achieve targeted investment outcomes. As engaged contributors to their communities, NTAM serves investors with integrity, respect, and transparency.

Northern Trust Asset Management includes Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Northern Trust Asset Management Australia Pty Ltd, and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

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