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Former BlackRock ETF Executive to Further Expand TCW’s Rapidly Growing ETF Offerings
LOS ANGELES, May 19, 2025--(BUSINESS WIRE)--The TCW Group, a leading global asset manager, today announced that it has named Scott Dennis as the firm’s Head of Exchange Traded Funds (ETFs). In this role, he will oversee ETF Capital Markets across asset classes as well as TCW’s ETF strategy and business execution. He is based in the firm’s Boston office and reports to Jennifer Grancio, Global Head of Distribution.
Dennis’ appointment comes as TCW has seen significant growth in both the number of ETFs it offers and assets. Since entering the ETF business in 2023, TCW’s offerings have rapidly grown to six fixed-income and five equity ETFs, with assets above $3 billion. TCW’s flagship fixed income ETF, the TCW Flexible Income ETF (FLXR), has seen its assets triple in the past year to more than $1 billion and is now the fifth-largest ETF in its category.
"More and more investors and financial advisors are looking to TCW to provide a diversity of ETFs that offer active management, intraday liquidity, and tax efficiency," said Grancio. "As we plan an expansion of our platform in the coming year and beyond, Scott will be an integral leader as we take our ETF offerings into an exciting new stage of growth to meet this tremendous investor demand."
Dennis joins TCW after 16 years at BlackRock in its iShares business, where he was a core member of the team that built its over $1 trillion fixed income ETF platform, focusing on ETF capital markets, distribution, and trading strategy. Most recently, he led the iShares Insurance Solutions Business, where he was responsible for growing ETF usage on insurance general account balance sheets as well as overseeing the accounting and regulatory initiatives for ETF usage across the insurance industry. During his tenure at BlackRock, he held several leadership positions in the iShares business as the Head of Wealth Capital Markets, iShares Markets Coverage and iShares Fixed Income Capital Markets.
Prior to BlackRock, Dennis worked at Morgan Stanley in fixed income institutional sales and trading and Bloomberg's trading systems group. He earned his Bachelor of Arts degree from Lafayette College.
"TCW has emerged as one of the most exciting and innovative ETF issuers over the past few years, building on its 50-plus year heritage as a trusted asset manager," Dennis said. "I look forward to contributing to this team as we build on these recent successes by offering more active investment opportunities and grow assets."