GQG appoints business development director

US investment firm GQG Partners has appointed Ashneel Naidu to the newly-created role of director of business development, based in Sydney.

Naidu joined from Vanguard Investments where he was responsible for retail distribution to financial advisers in NSW and ACT, which included institutionally-aligned dealer groups, independent financial advisers and boutique planning groups.

Before Vanguard, he worked in business development roles for Westpac Private Bank and Macquarie Bank.

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He would report to Daniel Bullock, director of wholesale markets, who said the strong growth of the Australian business had created the need for additional senior personnel.

“Ash has considerable experience and expertise building relationships with the local wholesale market, and he’ll be a key point of contact with, and support for, our network of wholesale asset consultants, national licensees, private banks and independent wealth firms,” Bullock said. 

“Our business has grown significantly in the Australian market since first launching here in 2018, and we continue to see strong interest in our global equities and emerging markets capabilities which have performed strongly despite the turmoil of markets in 2020.

“In the past 12 months alone we have received top ratings for our funds from Morningstar, Lonsec and Zenith and have been added to the majority of platforms in the market.”

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