Hoekstra assumes the CEO position from founder Robert Holderith, who will continue as president and concentrate on investment product development.
Prior to joining Emerging Global Advisors, Hoekstra spent 26 years at UBS, which includes his executive positions with a predecessor firm, PaineWebber.
Hoekstra was most recently CEO of UBS Wealth Management Americas.
After 2001, he held various management roles in Zurich and the US on the executive committee of the firm’s Global Wealth Management & Business Banking unit, including Deputy CEO.
He was also head of Market Strategy and Development for UBS’ wealth management businesses outside of North America. He became a member of UBS’ Group Managing Board in July 2002.
Holderith said emerging markets are becoming an increasingly important area for US investors pursuing growth strategies and we are on the forefront of offering more precise investment exposures with better tools to execute these strategies.
"We aim to be the leading brand for emerging market investing and Marten has the global vision and experience to ensure we achieve our goals and objectives. We are significantly advantaged having him lead our team," Holderith concluded.
