BOSTON--(BUSINESS WIRE)--
State Street Global Advisors (SSgA), the investment management business
of State Street Corporation (NYSE: STT), today announced the appointment
of Steve Coyle as head of the US Sub-Advisory business within its
Intermediary Business Group. Coyle will report to Anthony Rochte, senior
managing director at State Street Global Advisors.
Coyle, who is responsible for client service, sales and relationship
management, will work closely with SSgA Funds Management, Inc. to help
manage a growing client base and their use of exchange traded and other
investment products.
“We are very fortunate to have Steve on board to help enhance our
capabilities in our Sub-Advisory business,” said Rochte. “Steve’s
experience and focus on business development with insurance and mutual
fund companies, defined contribution record-keepers and other
third-party distribution partners will serve our clients well.”
Coyle joined SSgA in 2007 and has been instrumental in developing SSgA’s
Sub-Advisory business. Prior to joining SSgA, he was senior vice
president and director of Sales for MFS where he spent 14 years.
SSgA’s US Sub-Advisory Group seeks to help a wide range of asset
gatherers build and strengthen their businesses.
“Our expertise in sub-advisory services is built with a combination of
broad product offerings, a flexible-low cost platform and skilled client
support,” Rochte added.
Backed by the full range of SSgA’s asset class capabilities and global
reach, SSgA’s US Sub-Advisory business also integrates other State
Street services such as accounting, custody, fund administration,
transition management and commission recapture.
About State Street Global Advisors
State Street Global Advisors, investment management business of State
Street Corporation (NYSE: STT), delivers investment strategies and
integrated solutions to clients worldwide across every asset class,
investment approach and style. With $1.9 trillion in assets under
management at March 31, 2010, State Street Global Advisors has
investment centers in Boston, Hong Kong, London, Montreal, Paris,
Singapore, Sydney, Tokyo, Toronto and Zurich, and offices in 27 cities
worldwide. For more information, visit State Street Global Advisors at www.ssga.com.
Source: State Street Corporation
Contact:
Media Contact:
State Street Corporation
Marie McGehee,
1-617-664-1898