American investment manager VanEck has expanded its Singapore team to cater to the growing demand for exchange traded funds (ETFs) from institutional investors in the region.
The firm has hired Tiffany Tan as a marketing manager in Singapore.
Tan joins from Nikko Asset Management Group, where she served as an investment writer.
Prior to that, she worked as a fixed income portfolio specialist with Eastspring Investments and as a product manager for Partners Group.
In her new role, Tan will collaborate with VanEck teams around the world to accelerate engagement of its passive and active ETF as well as UCITS fund solutions.
VanEck Asia Pacific CEO and managing director Arian Neiron said: “This appointment is key to our plans to expand our footprint in the Asia-Pacific region as demand for our products grows there.
“We are continuing to see strong appetite for our strategies. In addition, we expect further momentum to build in the Asia-Pacific region as the low interest rate environment has seen an uplift in institutional investor risk-taking in the pursuit of income strategies, and thematic ETFs drawing attention from investors seeking structural growth opportunities.”
New York City-headquartered VanEck has offices in Sydney, Singapore, Shanghai, Amsterdam, and Frankfurt among othes.
In March this year, the firm rolled out its first Peruvian-listed Exchange Traded Fund, dubbed Fondo Bursátil VanEck El Dorado Perú ETF (ETFPERUD).
In 2018, VanEck expanded the remit of several members of its team in Australia, including its managing director to include Asia Pacific.