VanEck strengthens commitment in Asia
VanEck has announced its commitment to Asia and appointed Arian Neiron to lead the firm’s Asia Pacific business while Matthew McKinnon has been appointed as a new head of business development in the region.
Also, other members of the company’s Australian team would be expected to take up leadership responsibility for the Asia Pacific region across marketing, legal and compliance functions as well as promoting VanEck’s active and exchange traded fund (ETF) strategies across all client channels.
The Australian team would see Nicholas Jackson, vice president and business development, focusing on private banks and family offices in the region while Russell Grigg would become general counsel and head of compliance, Asia pacific, and Bradley Livingstone-Foggo would be the head of marketing, Asia Pacific.
“These changes reflect VanEck’s evolution as a firm and our commitment as one of the most trusted names in the global asset management industry,” Neiron said.
“As part of a regional initiative we are strengthening our commitment to deliver our global investment solutions in Asia.
“This will be across the range of our active and passive strategies.”
The company also announced the purchase of Amsterdam-based Think RTFs in order to help accelerate its growth of the European exchange traded fund (ETF) business.
As far as the Australian market was concerned, Neiron said he expected another record year for ETFs, with greater flows going to the ETF sector away from persistently underperforming actively managed funds.
“We expect the ETP industry will hit $45 billion by the end of 2018,” he said.
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