ETF provider BetaShares has made the internal appointment of a new chief investment officer.
Louis Crous, who joined the company prior to the launch of its first ETF, has been promoted to the role of chief investment officer.
BetaShares managing director Alex Vynokur said: “We are particularly pleased to recognise Louis for his integral role in the development of BetaShares.”
Prior to joining BetaShares, Mr Crous was a senior investment product specialist at Nabinvest and also held positions with South Africa’s Rand Merchant Bank.
In addition to Mr Crous, BetaShares has also appointed Thomas Reif as head of quantitative research and portfolio manager.
Mr Reif joins the fund manager after holding positions with State Street Global Advisors, JP Morgan and Dimensional Advisors.
According to Mr Vynokur, the company is building its research and portfolio management capabilities as the business continues to expand.
Moreover, former BT Funds Management executive David Whitby has been named as account manager of adviser services.
“The new additions to our team position BetaShares strongly to take advantage of continuing rapid growth in the ETF market over the rest of 2015 and beyond,” said Mr Vynokur.
Progress on diversity across the investment industry has been too slow, according to Willis Towers Watson, as it has warned it may downgrade...
AMP could face further risks according to analysts at Morgan Stanley, with the negative flow trends across the wealth giant expected to cont...