VanEck has added four new hires to its Australian business in a bid to increase its market share among financial advisers and institutional investors.
Connor Goggins has joined the firm’s business development and client solutions team as its newest business development associate.
Goggins was most recently a buy side account manager at Bloomberg, and before this, held a series of analytical roles across financial product and fixed income with the firm.
VanEck clarified that, in his new capacity, he will support the business’ northern region client base.
Arian Neiron, VanEck’s APAC chief executive and managing director said: “Demand is ramping up as advisers get better acquainted with the opportunities our investment strategies bring.
“However, there’s still a lot of room to grow. ETFs currently make up only a fraction of the total $4.75 trillion of funds under management in Australia. Our market-leading ETF strategies have the potential to capture a much bigger slice of the pie, and our new hires will help bolster our efforts to achieve that growth,” Neiron added.
Moreover, the fund manager has increased the size of its product and marketing teams with new hires Jenneth Orantia, Jessica Nightingale and Emily Wang recently.
According to Neiron, they join the business at an “exceptionally exciting” time, with VanEck’s estimates putting the exchange traded product industry's total assets in the vicinity of $220 billion by year end.
“This investment in our business exemplifies our ongoing commitment to supporting the Australian funds and wealth management industry. In a market rife with products that prioritise asset growth over investment outcomes, VanEck continues to be a highly regarded brand that advisers trust as a fiduciary, with market-tested investment strategies and robust, forward-looking opportunities that occasionally challenge convention,” he concluded.
Earlier this year the firm also announced the addition of two new associates to its team as well as plans to establish an on-ground presence in Brisbane to meet Australia’s growing interest in ETFs.
Namely, Deniz Kilic joined VanEck as a business development associate, supporting the firm’s growing client base across NSW and Queensland.
Vivian Liu assumed the role of associate for the investments and capital markets team, and is responsible for supporting the firm’s investment operations, including asset valuations and trade settlements.
At the time, VanEck confirmed plans to establish an on-ground presence in Brisbane in March to meet the rising demand for ETFs in the region.
