The $5 billion AUM provider of ETFs is eying global expansion
A US-headquartered provider of exchange traded products has hired a veteran of the Canadian financial services industry to drive growth and innovation globally.
REX Financial has appointed Kevin Gopual as president and chief investment officer of REX Financial Canada with a brief to drive innovation in its product line and expansion of its global reach. The $5 billion AUM firm offers alternative strategy ETFs and ETNs.
Gopual is well known in the Canadian financial services industry with 25 years of experience, including as head of ETFs at BMO Global Asset Management where he was a key architect of the $100 billion ETF franchise before he announced his departure in 2023.
Earlier this year he partnered with Accelerate Financial Technologies through a new entity called ETF Solutions to act as a strategic advisor.
His career also includes other leadership roles at BMO including Canadian CEO, CIO, and Global head of Quantitative Investments. He also held research, trading, portfolio management, and executive leadership roles at Barclays Global Investors, Sun Life Financial, and Scotia Capita.
"I’m excited to join REX Financial at such a pivotal time,” he said. “The opportunity to work alongside respected leaders and gain deeper exposure to the US ETF market is truly compelling. I look forward to using my global experience to help grow REX’s presence and drive its continued innovation in the ETF space."
REX Financial is known for products offering leveraged and inverse exposure to a variety of market sectors, while also providing services to its sister company, the crypto-focused Osprey Funds.
CEO Greg King welcomed Gopaul to the team.
“His deep expertise in ETFs, combined with his proven leadership in managing large-scale financial businesses, will be a tremendous asset as we continue to expand our global footprint,” said Greg King, CEO of REX Financial. “Kevin’s insights and experience will enhance our ability to offer innovative products to our clients and help us build strategic partnerships in key markets worldwide.”
