BMO launch and grow its ETF platform<\/a> before leaving to start his own consultancy ETF Solutions Inc. in late 2023. BMO currently boasts the second highest ETF assets under management in Canada.<\/p>\n\u201cCanada was the birthplace of the ETF and it\u2019s a market we have long viewed as being an outstanding fit for the types of solutions we\u2019ve built and are building here at VanEck,\u201d said Jan van Eck, CEO of VanEck in a release. \u201cWhat we\u2019ve needed is an experienced hand to guide our ambitions in Canada, which is why we are so excited to welcome Kevin to our team.\u201d<\/p>\n
Gopaul has more than 25 years of industry experience. Earlier in his career, he was a founder and long-serving director of the Canadian ETF Association.<\/p>\n
While the ETF market is already crowded in Canada, Gopaul said VanEck is focused on macro-thematic investing, something that\u2019s currently lacking here.<\/p>\n
\u201cThey\u2019re not trying to come to Canada to be like the 10th or 11th S&P 500 ETF,\u201d he said. \u201cI think the view is that the macro-thematic lane is underdeveloped in Canada. Canada has deep, well-served core beta. The big banks and big global players have done a tremendous job there, but the market\u2019s thinner in specialized, forward-looking exposures, like digital assets, critical minerals, defence infrastructure, emerging markets, things like that.\u201d<\/p>\n
VanEck\u2019s entry into Canada follows moves into Europe, Asia and Australia.<\/p>\n
In a release, VanEck promised more news on Canada-specific initiatives to come.<\/p>\n
As employee No. 1 in Canada, Gopaul said that will mean personnel announcements, as he looks to build a staff and operations, with support from VanEck\u2019s workforce of more than 300 in the U.S. and more than 500 globally.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThey really want to build up VanEck\u2019s presence in the country,\u201d Gopaul said in an interview. \u201cSo, that\u2019s…\n","protected":false},"author":2,"featured_media":18565,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[6672,9428,17,3780,9429],"class_list":{"0":"post-18564","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-appointments","9":"tag-asset-management-companies","10":"tag-canada","11":"tag-people","12":"tag-vaneck"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/18564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=18564"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/18564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/18565"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=18564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=18564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=18564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}