Drew Corbett, Head of Product Strategy at BetaShares, said ETFs have been one of the fastest growing categories of investment products globally, appealing to investors due to their simplicity liquidity, low cost and transparency.
"Although ETF use is increasing in Australia, local investors have had limited product choice compared with investors in Europe or the US. We believe Australian investors deserve better," said Mr Corbett, a veteran of the global ETF market who has held senior executive and trading positions in Asia, Europe and the United States.
BetaShares' management team combines global experience with an understanding of the Australian market and is specifically focused on delivering ETFs tailored for the needs of local investors.
"We believe increased product choice, particularly products designed specifically for investors in this country, will drive further growth in the ETF industry," Mr. Corbett said.
These views were echoed by Richard Murphy, General Manager, Equity Markets for the Australian Stock Exchange. "BetaShares brings a new approach to ETFs in Australia - one that brings Australia up to speed with the latest trends and innovative structures available in ETF markets in the US and Europe. ASX looks forward to working with BetaShares to help grow the ETF market in Australia and to educate investors about the broad range of available ETF products" Mr Murphy said.
Find out more about Drew Corbett here...
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| Drew_Corbett_Bio_2010.pdf | 72.97 KB |
