Richard Steel Top Executive


Invests into

Industry: Financial Services
Headquarters: London, England
Title: Director - iShares Product Research & Innovation
Company: BlackRock
Company Website: https://blackrock.com
Company Linkedin: https://www.linkedin.com/company/blackrock/
Company Founded In: 1988
Company Size: 10001+
Current Job Duration: 12 yrs 9 mos
Country: United Kingdom
Work Experience: Title: Director - iShares Product Research & Innovation Company: BlackRock Company URL: https://www.linkedin.com/company/blackrock/ Industry: Financial Services Company Size: 10001+ Location: London, United Kingdom Country: None Employment Type: Full-time Start At: 10-2013 Ends At: Present Description: Current Product Research & Innovation Formerly Global Sustainable Indexing Team - Developed scaled analytics to help investors evaluate and select sustainable products. Consulted on active & index product comparison, product life cycle, competitor analysis, performance attribution and risk analysis. Investment Strategist - Lead the development of index analytics and consulted with investors to choose the right index for a given macro environment. Capital Markets - Pre-trade tool, scaled competitor and index analysis. Product Strategist - Pioneered various analytical concepts (still used today) and consulted with investors on competitor analytics (TCO & Liquidity), choice of wrapper and tax domicile. Title: ETF Capital Markets / Product Review Department Company: Vanguard Company URL: https://www.linkedin.com/company/vanguard/ Industry: Financial Services Company Size: 10001+ Location: London Area, United Kingdom Country: None Employment Type: Full-time Start At: 06-2012 Ends At: 10-2013 Description: Managing the ETF primary market process Monitoring and analysing European ETF trading Developing tools and research for the Vanguard European ETF range Title: Global Program Trading Company: Knight Capital Europe Company URL: None Industry: None Company Size: None Location: London Area, United Kingdom Country: None Employment Type: None Start At: 2011 Ends At: 2011 Description: Initiated the “Knight Global Index” product predicting event driven and other corporate events for MSCI (Developed and Emerging Markets), S&P (500, 400 and 600). Discussed M&A and other index events with clients and various divisions of Knight Capital. Assistant to the newly established Global Program Trading desk running the index research product and creating prop trade ideas. Built various models to backtest/predict corporate actions and global index rebalances. Title: Equity Quantitative Strategy (Trainee Program - 11 Month Internship) Company: Société Générale Company URL: https://www.linkedin.com/company/societe-generale/ Industry: Banking Company Size: 10001+ Location: None Country: None Employment Type: Internship Start At: 2009 Ends At: 2010 Description: Extensive coverage of up and coming M&A events, estimated potential flows due to corporate events in developed and emerging markets. Discussed trade ideas with proprietary, program trading desks and various fund managers related to index events and rebalances. Indices covered; FTSE (UK, AW), STOXX, Euronext (AEX, BEL 20,CAC 40, PSI 20), MSCI, IBEX 35, SMI, S&P (500, 400 & 600). Client base included Passive Index Managers, Enhanced Portfolio Managers, Active Managers, Hedge Funds and Prop trading desks. Title: Quantitative Analysis, Delta 1 Trading Intern Company: ABN AMRO Bank N.V. Company URL: https://www.linkedin.com/company/abn-amro/ Industry: Banking Company Size: 10001+ Location: None Country: None Employment Type: None Start At: 05-2009 Ends At: 08-2009 Description: Helped to produce and market global trading and equity index research for ABN AMRO. Core product services to the proprietary trading desk, global portfolio trading sales desk and clients. Published equities research on passive investing (coverage of Asia Pacific, Europe and Americas). Daily research note – investigated confirmed corporate events and estimated flows from passive funds into the index. Title: Analyst Company: MSCI Inc. Company URL: https://www.linkedin.com/company/msci-inc/ Industry: Financial Services Company Size: 1001-5000 Location: None Country: None Employment Type: None Start At: 02-2008 Ends At: 02-2009 Description: None
Education: School: Durham University Degree: BSc. (Hons), Chemistry Activities: None School: Bingley Grammar School Degree: None Activities: None
Headline: Director @ BlackRock | Product Research & Innovation