Global X Funds Appoints Steven Swain President

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Sep 30, 2014, 09:49 ET

NEW YORK, Sept. 30, 2014 /PRNewswire/ -- Global X Management Company LLC (Global X), a sponsor of innovative exchange traded funds (ETFs), today announced the appointment of Steven Swain as President. Mr. Swain concludes a series of recent hires at Global X, which was named one of the fastest-growing ETF providers in 2014 by Ignites[1].

In his new role, Mr. Swain will oversee Global X's day-to-day operations, leveraging his 20 years of experience launching, growing and managing investment management companies. He will serve on the executive committee, along with CEO Bruno del Ama and Chairman Jose Gonzalez.

Commenting on Mr. Swain's appointment, Mr. del Ama said: "Steven's hiring strengthens our leadership team as we continue to grow, expand our product offerings and provide better service to our clients." Mr. del Ama will continue in his current role of developing innovative products and strategic planning.

Mr. Swain joins from private equity firm Aquiline Capital Partners LLC where he served as an Executive Advisor. Prior to that, he held leadership positions at Lyster Watson and Company and Lazard Asset Management. He holds a Master of Business Administration from the George Washington University, a Juris Doctor from Villanova University School of Law and a Bachelor of Arts from Clark University.

"Global X is on the forefront of the ETF industry's rapid growth with a reputation for building solutions to help meet its clients' investment needs. I am honored to join Jose and Bruno during this time of rapid expansion for the firm," Mr. Swain said.

ABOUT GLOBAL X

Global X is a New York-based sponsor of exchange-traded funds that facilitates access to investment opportunities across the global markets. With over $4 billion in managed assets and over 100,000 investors as of August 31, 2014, Global X offers exchange-traded funds that target Income, International, Commodity Producers and Alternative fund suites. For more information about these exchanged traded funds, please visit www.globalxfunds.com.

DISCLOSURE

Investing involves risk, including the possible loss of principal.

Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Funds' prospectus, which may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by visiting www.globalxfunds.com. Read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to the Global X Funds. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Global X Management Company or any of its affiliates.

[1] http://ignites.com/c/927654/90154/small_shops_riding_smart_beta_wave_growth?referrer_module=forwardForm&module_order=0

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SOURCE Global X Management Company LLC