Van Eck Global today announced a new appointment to its Australian business development team to help increase its retail presence and support the distribution of its Market Vectors exchange traded funds.
Damon Gosen brings more than 12 years’ financial services experience to his new position as Vice President – Business Development. Based in Melbourne, he will help promote Market Vectors ETFs to financial advisers and stock brokers. He joins Van Eck Global from AMP Capital where, as Strategy Manager, Direct Solutions, he designed and implemented listed securities service offerings for AMP licensees. Previously, he was a senior investment specialist at Genesys Wealth Advisers and before that held various roles at AXA Australia, including four years as an investment research analyst.
Arian Neiron, Managing Director, Van Eck Global Australia, said: “Damon’s expertise in creating investment solutions for clients will be a great asset for us as we continue to expand our operations. His investment research and portfolio construction knowledge will help advisers capitalise on the increasing popularity of ETFs, which are acknowledged for their low cost, transparency, liquidity and diversification benefits. We expect the Australian ETF industry to grow beyond $23 billion in assets under management by the end of 2015, supported by new innovative products.”
Founded in 1955 and based in New York, Van Eck Global currently manages approximately US$30.5 billion. Under its Market Vectors ETFs brand, Van Eck Global offers over 60 ETFs globally, including six ETFs listed on the ASX. The company is one of the largest providers of ETFs in the US and worldwide.
