Exchange-traded managed fund company ETF Investments Australia (eInvest) has hired Tamas Calderwood in its newly created role of distribution specialist, with an aim to push further growth in the business.
Mr Calderwood will be responsible for promoting and expanding the use of active ETFs among Australian financial advisers. The company cited growing demand for active ETFs from individual investors.
Mr Calderwood will report to Camilla Love, managing director for eInvest and will be based in Sydney.
“Tamas is an important addition to eInvest and brings extensive experience and expertise across the industry and the Australian market, which will be key to eInvest’s expansion,” Ms Love said.
“We are committed to delivering pioneering active ETF solutions in response to the changing needs to clients, and Tamas’ expertise and solid experience will further strengthen our capabilities.”
Mr Calderwood has 20 years’ experience working with investors in Australia and abroad, most recently as a national manager at BetaShares.
Before that, he was vice-president for client coverage at index provider MSCI and held roles across CIBC World Markets, Bloomberg and ANZ in London, New York and Sydney.
He commented: “I am truly excited to join eInvest and to work with them on the build of the active ETF business in Australia.”
“eInvest’s growth comes at an exciting time for the industry as more and more retail investors seek choice, flexibility and transparency of tradable strategies that are both independently and actively managed.”
Perennial Investment Management is the responsible entity of the eInvest funds, along with those at Perennial Value and Daintree.
Perennial’s parent company Perennial Value Management oversees around $5 billion in assets.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
Sarah has a dual bachelor's degree in science and journalism from the University of Queensland.
You can contact her on [email protected].
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