April 03, 2019

FTSE Russell appoints new Canada Country Head

  • Paul Bowes appointed Country Head, FTSE Russell Canada
  • Will lead business development, partnering with clients and key stakeholders
  • Brings a wealth of experience across fixed income and equity capital markets, indices and derivatives

FTSE Russell today announced the appointment of Paul Bowes as Country Head, FTSE Russell Canada. In this newly created role, Bowes will be responsible for further developing FTSE Russell Canada’s leadership in fixed income market data while expanding its capabilities in multi-asset benchmarks and index-based derivatives. He will oversee the Toronto-based team and will partner with key stakeholders in Canada including clients, regulators and business partners. Paul is based in Toronto and will report to Waqas Samad, CEO of FTSE Russell and Group Director, Information Services at London Stock Exchange Group.

Bowes joins FTSE Russell from Refinitiv, formerly the financial business of Thomson Reuters.  Paul spent the past 17 years at Thomson Reuters in increasingly senior management roles based in London, New York and Toronto.  Most recently he was London based Director of Benchmarks responsible for fixed income indices and benchmarks including leading the Administration of the Canadian Dollar Offered Rate (CDOR).  Prior to Thomson Reuters, he was a member of the Executive of the Toronto Stock Exchange responsible for equity markets.  Paul is a native of Ontario with a BSc from Queen's University and MBA from the University of Western Ontario.

Waqas Samad, CEO, FTSE Russell and Group Director Information Services Division, London Stock Exchange Group, said:

“I am excited to have Paul join us to help lead our FTSE Russell business in Canada to the next level of growth by fostering a greater sense of partnership with our wide range of Canadian clients. He brings a wealth of experience across fixed income and equity capital markets, indexes and derivatives. He will also be able to draw on his unique combination of local and global markets perspective and experience. In leading our team in Canada, Paul will ensure that we are delivering the best of FTSE Russell’s global capabilities to support the Canadian investment community.”

Paul Bowes, Country Head, FTSE Russell Canada, said:

“I am incredibly excited to have the opportunity to join a long-term leader in the Canadian investment community with the potential to grow and expand our influence and client relationships in the years to come. Our highly experienced local team in Canada can draw on the extensive global multi-asset capability of FTSE Russell. I am looking forward to returning to Toronto and working with our clients and key stakeholders across the Canadian investment community.”

FTSE Russell has a long heritage in the Canadian market, with the FTSE Canada Fixed Income Indexes begun over 40 years ago.  In addition to the FTSE Canada Fixed Income Indexes, including the widely followed FTSE Canada Universe Bond Index, FTSE Bond Analytics (formerly PC Bond Analytics) has been the market leader in fixed income portfolio management software in Canada since 1985.  In addition, FTSE Russell’s recent acquisition of The Yield Book and Citi Fixed Income Indices added coverage of the government, agency, corporate, securitised, emerging markets and high yield sectors in all major global markets including the widely followed World Government Bond Index (WGBI).

FTSE Russell index expertise and products are used by institutional and retail investors globally and more than $16 trillion is currently benchmarked to its indexes. More information on FTSE Canada can be found on the FTSE Russell website.

For further information:

Global Media

Lucie Holloway

+44 (0)20 7797 1222; 


Tim Benedict,

 +1 917 582 0641; 



About FTSE Russell

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. 

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $16 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. 

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. 

FTSE Russell is wholly owned by London Stock Exchange Group. 

For more information, visit www.ftserussell.com.

© 2019 London Stock Exchange Group plc and its applicable group undertakings (the “LSE Group”). The LSE Group includes (1) FTSE International Limited (“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, “FTSE Canada”), (4) FTSE Fixed Income Europe Limited (“FTSE FI Europe”), (5) FTSE Fixed Income LLC (“FTSE FI”), (6) The Yield Book Inc (“YB”) and (7) Beyond Ratings S.A.S. (“BR”). All rights reserved.

FTSE Russell® is a trading name of FTSE, Russell, FTSE Canada, FTSE FI, FTSE FI Europe, YB and BR. “FTSE®”, “Russell®”, “FTSE Russell®”, “FTSE4Good®”, “ICB®”, “The Yield Book®”, “Beyond Ratings®” and all other trademarks and service marks used herein (whether registered or unregistered) are trademarks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, FTSE Canada, FTSE FI, FTSE FI Europe, YB or BR. FTSE International Limited is authorised and regulated by the Financial Conduct Authority as a benchmark administrator.

All information is provided for information purposes only. All information and data contained in this publication is obtained by the LSE Group, from sources believed by it to be accurate and reliable. Because of the possibility of human and mechanical error as well as other factors, however, such information and data is provided "as is" without warranty of any kind. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the accuracy, timeliness, completeness, merchantability of any information or of results to be obtained from the use of FTSE Russell products, including but not limited to indexes, data and analytics, or the fitness or suitability of the FTSE Russell products for any particular purpose to which they might be put. Any representation of historical data accessible through FTSE Russell products is provided for information purposes only and is not a reliable indicator of future performance.

No responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for (a) any loss or damage in whole or in part caused by, resulting from, or relating to any error (negligent or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analysing, editing, transcribing, transmitting, communicating or delivering any such information or data or from use of this document or links to this document or (b) any direct, indirect, special, consequential or incidental damages whatsoever, even if any member of the LSE Group is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, such information.

No member of the LSE Group nor their respective directors, officers, employees, partners or licensors provide investment advice and nothing in this document should be taken as constituting financial or investment advice. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any representation regarding the advisability of investing in any asset or whether such investment creates any legal or compliance risks for the investor. A decision to invest in any such asset should not be made in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold that asset nor confirmation that any particular investor may lawfully buy, sell or hold the asset or an index containing the asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

Past performance is no guarantee of future results. Charts and graphs are provided for illustrative purposes only. Index returns shown may not represent the results of the actual trading of investable assets. Certain returns shown may reflect back-tested performance. All performance presented prior to the index inception date is back-tested performance. Back-tested performance is not actual performance, but is hypothetical. The back-test calculations are based on the same methodology that was in effect when the index was officially launched. However, back-tested data may reflect the application of the index methodology with the benefit of hindsight, and the historic calculations of an index may change from month to month based on revisions to the underlying economic data used in the calculation of the index.

This document may contain forward-looking assessments. These are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. Such forward-looking assessments are subject to risks and uncertainties and may be affected by various factors that may cause actual results to differ materially. No member of the LSE Group nor their licensors assume any duty to and do not undertake to update forward-looking assessments.

No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the applicable member of the LSE Group. Use and distribution of the LSE Group data requires a licence from FTSE, Russell, FTSE Canada, FTSE FI, FTSE FI Europe, YB, BR and/or their respective licensors.