State Street appoints Alternative Investments head


US-based State Street Corporation has appointed a new head of Alternative Investment Solutions for the Asia Pacific region.
The company announced this week it had appointed Bob Keogh to the Hong Kong based role.
It said that Keogh would assume responsibility for the hedge fund, private equity and real estate businesses in Asia Pacific.
Keogh joined State Street in 2012 from Goldman Sachs Administration Services and was most senior managing director for State Street’s hedge fund servicing business based in Europe.
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.