No Fuhr for BAML as global delta one role axed

Bank of America Merrill Lynch has done away with the global delta one strategy role that was due to be filled by leading ETF specialist Deborah Fuhr, formerly of Blackrock

Deborah Fuhr

Bank of America Merrill Lynch (BAML) has abolished the role of head of global delta one strategy, a role that was originally due to be filled in October 2011 by Deborah Fuhr. BAML attributes the change in strategy to "organisational changes", with  regional delta one strategists reporting into their respective trading group heads. The bank remains committed to delta one, says a spokesperson.

Fuhr, who was previously employed at US asset manager Blackrock as head of exchange-traded funds (ETF)

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