Hill Becomes ProFunds’ Head of Investment Strategy

ProFunds Group has hired Joanne M. Hill as head of investment strategy. In this new role at the exchange-traded fund shop, Hill is responsible for research, development and execution of investment strategies.

She spent the last 17 years with Goldman Sachs, most recently as a managing director in the pensions, endowments and foundations group. Among many other roles, she headed up global equity derivatives research.

“We are thrilled to welcome Joanne, one of the country’s leading experts in development investment strategies using instruments like ETFs,” said ProFunds Chairman and Chief Executive Officer Michael Sapir. “Her experience in creating and advising on strategies that employ shorting and leverage will be particularly invaluable in helping our institutional investors and financial professionals employ our products in sophisticated portfolios.”