The executive joined the index provider after the acquisition of Moorgate Benchmarks in 2021; iCapital has promoted within the Axio ranks; HSBC appoints global head of equity derivatives and synthetic prime brokerage trade validation; and more.

Morningstar Indexes head of Europe Tobias Sproehnle has left the business 18 months after he joined following the acquisition of Moorgate Benchmarks. Sproehnle (pictured) was CEO of Moorgate Benchmarks until Morningstar Indexes acquired the firm for an undisclosed fee in September 2021. He launched the business in 2018 alongside Gareth Parker , who also joined Morningstar as chief indexing officer. Following the acquisition, Sproehnle was appointed head of Europe, reporting to Ron Bundy , Morn