VanEck has added four new hires as it seeks to increase its market share with financial advisers.
Connor Goggins joins VanEck’s business development and client solutions team from Bloomberg as its newest business development associate.
The firm said his experience as a buy side account manager, specialising in fixed income, will be an asset for supporting clients in the northern region.
In its product and marketing teams, the firm has hired Jenneth Orantia, Jessica Nightingale and Emily Wang.
Orantia joins from Resimac where she worked as the head of communications and broker marketing and she also previously worked as a journalist for 17 years. In the new role, she will be working as a senior PR and content manager.
Nightingale will be a product associate and joins from four years at Macquarie Group where she worked in the sales development team.
The global firm, which was founded in the US, currently offers 42 exchange-traded products on the ASX in Australia.
Arian Neiron, chief executive of VanEck and managing director for Asia-Pacific, said there is room for the firm to grow its presence with advisers as ETFs are tipped to grow to $220 billion by the end of 2024.
“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.
“This investment in our business exemplifies our ongoing commitment to supporting the Australian funds and wealth management industry.”
This is the second round of appointments following the addition of two staff in February.
Deniz Kilic, former senior paraplanner and associate adviser from Prime Partners Financial Planning, joined the VanEck’s sales team as a business development associate to support the firm’s NSW and Queensland client base.
Vivian Liu joined VanEck as an associate in the investments and capital markets team, and will be supporting the firm’s investment operations. She joined the firm from TCorp and previously worked in fund operations at State Street.
Angus Fowler was also promoted in an internal move from senior business development associate to business development manager for Queensland as the firm looks to open a Brisbane office.
