SSgA makes Asia Pacific appointment
State Street Global Advisors (SSgA) has appointed James MacNevin as the head of its intermediary business group Asia Pacific.
In this newly created position, MacNevin’s role will be driving strategy and executing SSgA’s intermediary strategy.
He will continue his role as chief operating officer, Asia Pacific and report to head of Asia Pacific Lochiel Crafter, and global head of SPDR ETFs and intermediary distribution Jim Ross.
“The growth of Asia Pacific’s high net worth individuals has outpaced the US and Europe by double over the past few years,” Crafter said.
“While the Asia Pacific intermediary channel is far from homogeneous, the conversation has shifted from one that starts with products alone to one that focuses on a better understanding of objectives and finding the best ways to meet those goals,” he added.
He will also have to manage client facing staff, and work closely with product development, distribution, marketing, research and the capital markets teams.
MacNevin has 20 years’ experience in leadership roles in asset management. He was involved in launching SPDR S&P/ASX200 Fund in 2001, and setting up SSgA’s offices in India in 2007.
He was the international head of operations and technology for SSgA in London from 2009-2012.
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