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GQG adds to distribution team in Australia

3 minute read

The US-based and ASX-listed boutique investment firm has announced a new appointment as it continues to expand its Australian wholesale footprint.

Global equity boutique investment management firm GQG Partners has announced the appointment of Daniel Pantè to the role of associate director of business development - Victoria.

Mr Pantè is the second distribution hire for GQG in Melbourne, joining current director of business development Muneeza Killen, whose appointment was announced last year.

GQG said that Mr Pantè has more than 15 years of experience in the finance industry, including 13 years of experience as a financial adviser. He holds a bachelor of business with distinction from RMIT University.

Mr Pantè previously owned and operated his own advice practice based in Geelong for four years and most recently served as a business development manager for Macquarie Group covering both cash and wealth platform solutions.

In his new role, GQG explained that Mr Pantè will report to its director of wholesale markets, Daniel Bullock. Mr Bullock said the new appointment is a central part of GQG’s plan to further expand its national distribution strategy.

“Dan is a welcome addition to the GQG Partners wholesale team and brings with him yet another differentiated background,” he said.

“His firsthand experience as a financial adviser, as well as his alignment in values with GQG Partners, will improve the current wholesale distribution teams’ capabilities and makes him a natural fit for taking our products to the Victorian market. We look forward to working with Dan as he delivers best-in-class outcomes for GQG Partners and our clients.”

GQG Partners previously reported US$6.2 billion of positive net flows during the first six months of the year as part of its half-year results released in August.

Due to these flows and gains in global equity markets, the firm’s funds under management (FUM) increased by 20.1 per cent on a year earlier to sit at US$104.1 billion as of 30 June.

GQG’s FUM has grown by 15 per cent since its IPO at the end of October 2021. In contrast, the firm indicated that the median FUM of its global large cap peers fell by more than 11 per cent.

Jon Bragg

Jon Bragg

Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.