Global X hires senior BDM to drive growth
Global X has appointed a senior business development manager (BDM) to its sales team as it targets $11 billion in assets under management (AUM) by the year’s end.
David Hansen has joined the ETF provider as a senior BDM based in Melbourne, where he will be responsible for managing key advice relationships in Victoria while working alongside regional manager Nathan Lui and BDM Caleb Chia.
Hansen brings over 15 years of experience working in the financial services industry. Most recently, he spent six years at trading platform Selfwealth as a senior BDM where he supported national growth across the firm.
Moreover, he also held BDM roles at Praemium and Macquarie Group.
According to Global X, Hansen’s appointment comes as the fund manager ramps up its Australian presence and suite of ETF products.
Manny Damianakis, the company’s head of sales, noted Global X Australia’s AUM surpassed $9 billion in January and is on track to reach $11 billion by the end of the year.
“We continue to see more financial advisers investing clients’ funds offshore for growth and Global X ETFs is a big part of that shift,” Damianakis commented.
“Our goal is to provide more Australian advisers and their clients with innovative, accessible solutions to global markets, especially the US where so much of the world’s capital is flowing. Australian investors are realising the need to gain greater exposure to a diverse range of markets, not just Australian shares.”
The head of sales added that Hansen will be vital to continue driving Global X’s growth, particularly among independent financial advisers and private wealth segments.
“Our sales team is getting busier as we experience greater demand for our international equity and US ETFs and strong demand for portfolio essentials, such as gold, which has benefited significantly since Trump’s election.”
Global X now employs over 50 staff in Australia alongside a line-up of 42 ETFs ranging across core, thematics, income, commodities and digital assets.
Recent hires at Global X include Chris Wolak as head of portfolio management and Alex Zaika as chief executive, who both commenced in their respective positions late last year.
AUTHOR
Jasmine Siljic
Recommended for you
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
L1 Capital, which is in talks to merge with Platinum Asset Management, has indicated it will be voting against a deal to convert a Platinum LIC into an ETF.
Evidentia Group has hired a head of quantitative investments who joins the investment firm and managed account provider from AMP.
Fidelity International has worked in tandem with Australian wealth manager Emanuel Whybourne & Loehr to launch an actively managed global equities strategy aimed at financial advisers.
