Amanda Skelly heads up State Street's Australian ETF business
With plans to build its exchange-traded fund (ETF) capabilities in Australia, State Street Global Advisers (SSgA) has appointed Amanda Skelly as head of SPDR ETFs.
She will manage the business strategy and product development in the region while promoting ETF products to both retail and institutional investors.
From late 2009 to July 2012, Skelly was director of Russell Investments' Australian ETF business.
Before that, she worked in various business and product roles at ING Australia, Insurance Australia Group and Morgan Stanley.
In targeting institutional opportunities, SSgA has also announced that Shaun Parkin has taken up the role of business development manager for wholesale ETF sales.
Reporting to Skelly, he will work closely with the institutional business development team covering small institutions, multi-managers, insurers and platforms.
He was previously national sales manager of portfolio services for Lonsec and has worked for Shaw Stockbroking, ICAP and JP Morgan.
"In Australia we are seeing increasing appetite for simple, transparent, cost-efficient investments that are managed by a reliable institution," SSgA's head of SPDR ETFs for Asia-Pacific Frank Henze said.
"This demand is particularly strong in the expanding self-managed super fund sector," he said.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
