Robeco appoints ETF head from Fidelity

ETFs/robeco/fidelity/

4 October 2023
| By Laura Dew |
image
image image
expand image

Global fund manager Robeco has appointed Nick King as head of exchange traded funds (ETFs).

The firm said the appointment is part of a strategy to expand its fund management capabilities with an ETF platform. 

It said the idea of launching ETFs has “been under consideration at Robeco for a while” given their popularity in the investment landscape. 

“Robeco recognises that ETFs present a major opportunity to package strategies, complementing existing capabilities offered through mutual funds and mandates,” the firm said in a statement.

King joins Robeco from Fidelity where he worked as head of ETFs for eight years in London. Prior to this, he spent nine years at BlackRock in a variety of roles including senior ETF portfolio manager and head of product research and innovation.

Ivo Frielink, head of strategic product and business development at Robeco, said: “We are very pleased to welcome Nick to Robeco as head of ETFs. 

“His extensive experience in ETFs and his commitment to innovation align perfectly with Robeco’s strategic vision and research-driven approach. We are confident that under Nick’s leadership, Robeco can successfully wrap its investment expertise and strategies into a comprehensive ETF line-up.”
 
King said: “I am delighted to join Robeco during this pivotal moment in its journey into the ETF market. I look forward to leading the charge, and leveraging my experience to drive innovation and success in this rapidly evolving space. Together with the talented team at Robeco, I am confident that we can make a meaningful impact on the future of ETFs.”

According to the latest BetaShares ETF report, the Australian ETF market has a total market cap of $156 billion, helped by $2.5 billion in inflows during August. This included $1.1 billion of inflows into Australian equity ETFs.

These included the Vanguard Australian Shares Index ETF which gained $507 million, iShares Core S&P/ ASX 200 ETF which gained $273 million, and BetaShares Australia 200 ETF which gained $162 million.

Robeco was founded in the Netherlands in 1929 and has been operating in Australia since 2012 with offices in Sydney and Melbourne. It has $297 billion in assets under management.

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 4 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 5 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 4 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 3 days ago

TOP PERFORMING FUNDS