Sometimes coincidences can seem quite apposite. On the morning that Invesco Perpetual confirmed the leader of its global exchange-traded fund business as its new head of Europe, a survey of UK financial advisers was published, finding that four-fifths of them want more ETFs.

Andrew Schlossberg, formerly global head of ETFs and head of US retail at Invesco Perpetual's parent, Invesco group, is set to take over from Mark Armour as European chief at the start of 2016.