BetaShares appoints new COO
Exchange Traded Fund (ETF) specialist, BetaShares has appointed a new Chief Operating Officer and further grown its distribution team.
The company announced this week it had appointed former CitiCorp Technial Sales Manager, Debbie Bennett to the role.
With respect to its distribution team, BetaShares said it had hired two Business Development Associates who would be responsible for supporting BetaShares' distribution activities through institutional and intermediary channels.
Commenting on the appointments, BetaShares' managing director, Alex Vynokur said they were aimed at supporting the company's growing product set.
"We launched three new funds last year, each of which is designed to give investors new exposures that were not previously available on the Australian market," he said.
"We are now on track to hit a milestone of $2 billion in funds under management in the first quarter of 2015 and expect to continue to broaden our product set over the course of the year", Vynokur said.
AUTHOR
Mike Taylor
Recommended for you
The FAAA is hopeful the education and experience pathway deadline will be the “last big thing” that could cause an adviser exodus but concern now turns to advisers moving to the wholesale space.
Invest Blue’s managing director says the firm is aiming to implement responsible private market access to its retail clients following the launch of its SMA last month.
After launching its digital advice offering earlier this year, AMP has announced the next phase of its strategy, providing its users with more personalised guidance.
Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings remain off the table.
