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BetaShares appoints chief economist

Australian exchange-traded fund provider BetaShares has appointed David Bassanese as chief economist.

In this newly formed role, Bassanese will be responsible for developing economic insights and portfolio construction strategies for adviser and retail clients.
 
Bassanese has an accomplished background in financial services spanning over 25 years, with his most recent role being an economic columnist for The Australian Financial Review (AFR) for over a decade. His regular “Bassanese Column” was published three times per week and looked at local and international economic trends, equity markets, interest rates, exchange rates and commodities.
 
Prior to the AFR, Bassanese spent several years in the financial markets as a senior economist and interest rate strategist at Bankers Trust and Macquarie Bank. He started his career as a Commonwealth Treasury official, after which he spent three years as a research economist at the Organisation for Economic Cooperation and Development (OECD) in Paris, France.
 
Alex Vynokur, managing director of BetaShares, says: “We are excited to have someone of David’s calibre join BetaShares in this newly formed role. As a leading Australian manager of exchange-traded products, we are committed to enhancing investor education, and David’s appointment is a significant milestone in that regard.”

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