SSgA appionts Intermediary Business head
State Street Global Advisors (SSgA) this week made a key Asia Pacific appointment.
The asset management business of State Street Corporation named James MacNevin as the head of its Intermediary Business Group - Asia Pacific, saying he would lead the firm’s expansion in this channel within the region.
The announcement described SSgA’s Intermediary Business Group as having the mission is to partner with financial intermediaries to “deliver an array of institutional-calibre investment capabilities, offers separate accounts, mutual funds and exchange traded funds (ETFs”
It said that via the extension of this structure through the newly-created position based in Sydney, MacNevin would be responsible for driving strategic direction and ensuring execution of SSgA’s intermediary strategy.
The announcement said that, additionally, he would continue in his role as chief operating officer, Asia Pacific and report to Lochiel Crafter, head of Asia Pacific, and Jim Ross, global head of SPDR ETFs and Intermediary distribution.
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