Sharegain gains demand manager 02 September 2019 London Reporter: Maddie Saghir
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Fintech firm Sharegain has recruited Tim Fox as its demand manager, based in London.
Sharegain is a that launched in 2015 and aims to allow high-net worth individuals and family offices to enter the market directly for the first time.
Fox makes the move from Moore Capital Management, where he was a trader since March 2016. He also brings experience as a trader at PineBridge Investments and BlueBay Asset Management.
Prior to that Fox also held various roles at Morgan Stanley, including in emerging market and foreign exchange sales, between 2011 and 2013.
In a statement on his new role, Fox said: 鈥淲e are revealing the secret that the biggest asset managers don鈥檛 want you to know: you have the right to get paid to lend the financial assets you own! We are breaking down the barriers that prevent everyone from exercising that right and reaping the rewards.鈥�
In , Sharegain raised $12 million to support the roll-out of its platform to private banks, online brokers and robo-advisers.
Sharegain is the first fintech firm to receive approval from the UK's Financial Conduct Authority to offer its securities lending platform to retail investors.
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