StockNews.AI
FLXR
StockNews.AI
92 days

TCW Names Scott Dennis Head of ETFs

1. TCW named Scott Dennis as Head of ETFs for growth strategy. 2. TCW's flagship ETF, FLXR, assets tripled this year to over $1 billion. 3. TCW aims to expand ETF offerings to meet investor demand. 4. Dennis has 16 years of experience at BlackRock's iShares ETF unit. 5. TCW's ETF assets have surpassed $3 billion since its inception.

6m saved
Insight
Article

FAQ

Why Very Bullish?

FLXR's asset growth indicates strong market demand and investor confidence. Similar past performances by ETFs have led to price increases following strong asset inflow.

How important is it?

The article discusses significant strategic moves at TCW that directly impact FLXR's growth potential, making it highly relevant.

Why Long Term?

The expansion of TCW's ETF offerings and strong leadership could solidify FLXR's market position over time, enhancing its long-term outlook. Historical ETF expansions often lead to sustained price appreciation.

Related Companies

BLK
-Former BlackRock ETF Executive to Further Expand TCW’s Rapidly Growing ETF Offerings LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global asset manager, today announced that it has named Scott Dennis as the firm’s Head of Exchange Traded Funds (ETFs). In this role, he will oversee ETF Capital Markets across asset classes as well as TCW’s ETF strategy and business execution. He is based in the firm’s Boston office and reports to Jennifer Grancio, Global Head of Distribution. Dennis’ appointment comes as TCW has seen significant growth in both the number of ETFs it offers and assets. Since entering the ETF business in 2023, TCW’s offerings have rapidly grown to six fixed-income and five equity ETFs, with assets above $3 billion. TCW’s flagship fixed income ETF, the TCW Flexible Income ETF (FLXR), has seen its assets triple in the past year to more than $1 billion and is now the fifth-largest ETF in its category. “More and more investors and financial advisors are looking to TCW to provide a diversity of ETFs that offer active management, intraday liquidity, and tax efficiency,” said Grancio. “As we plan an expansion of our platform in the coming year and beyond, Scott will be an integral leader as we take our ETF offerings into an exciting new stage of growth to meet this tremendous investor demand.” Dennis joins TCW after 16 years at BlackRock in its iShares business, where he was a core member of the team that built its over $1 trillion fixed income ETF platform, focusing on ETF capital markets, distribution, and trading strategy. Most recently, he led the iShares Insurance Solutions Business, where he was responsible for growing ETF usage on insurance general account balance sheets as well as overseeing the accounting and regulatory initiatives for ETF usage across the insurance industry. During his tenure at BlackRock, he held several leadership positions in the iShares business as the Head of Wealth Capital Markets, iShares Markets Coverage and iShares Fixed Income Capital Markets. Prior to BlackRock, Dennis worked at Morgan Stanley in fixed income institutional sales and trading and Bloomberg's trading systems group. He earned his Bachelor of Arts degree from Lafayette College. “TCW has emerged as one of the most exciting and innovative ETF issuers over the past few years, building on its 50-plus year heritage as a trusted asset manager,” Dennis said. “I look forward to contributing to this team as we build on these recent successes by offering more active investment opportunities and grow assets.” About The TCW Group TCW is a leading global asset management firm with a broad range of products across fixed income, alternative investments, equities, and emerging markets with over half a century of investment experience. Through its ETF suite, TCW MetWest Funds and TCW Funds, TCW manages one of the largest fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. For more information, please visit www.tcw.com. Disclosures: Before investing you should carefully consider the fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus, a copy of which may be obtained from etf.tcw.com. Please read the prospectus carefully before you invest. This material is for general information purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. TCW, its officers, directors, employees or clients may have positions in securities or investments mentioned in this publication, which positions may change at any time, without notice. While the information and statistical data contained herein are based on sources believed to be reliable, we do not represent that it is accurate and should not be relied on as such or be the basis for an investment decision. The information contained herein may include preliminary information and/or "forward-looking statements." Due to numerous factors, actual events may differ substantially from those presented. TCW assumes no duty to update any forwardlooking statements or opinions in this document. Any opinions expressed herein are current only as of the time made and are subject to change without notice. Past performance is no guarantee of future results. Investments involve risk. Principal loss is possible. The Fund is advised by TCW Investment Management Company LLC. Distributed by Foreside Financial Services, LLC. NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE © 2025 TCW Group. All rights reserved. More News From The TCW Group

Related News