Harvey Hirsch is to retire from his role as head of marketing for Van Eck Global, provider of the Market Vectors range of exchange-traded funds, effective later this year.
Hirsch first began consulting with Van Eck in 2003 and joined the company full time in 2007 as senior vice president – marketing.
His 12-year tenure was a time of growth for Van Eck, with assets under management (AUM) climbing from approximately USD1.3bn to more than USD32bn.
During that period, the company expanded its presence in the ETF marketplace, introducing more than 60 new ETFs – including multiple industry “firsts” – under the Market Vectors brand, and rising to become one of the largest ETF families in the US and worldwide.
In addition, Van Eck brought out a number of new open-end funds and fund share classes, increased its presence in Europe, Latin America and Australia, and completed the acquisition from Merrill Lynch of six funds in the HOLDRS family.
Hirsch has spent most of his almost 50-year business career in the financial services sector.