State Street Global Advisors Expands Global Active Equity Team with New Hire
August 11 2008 - 12:35PM
Business Wire
State Street Global Advisors (SSgA), the investment management arm
of State Street Corporation (NYSE:STT) and the largest
institutional fund manager in the world�, announced today that it
has appointed Chee Ooi to senior portfolio manager in its global
active equity group. Based in Boston, Ooi will join an experienced
team responsible for managing SSgA�s actively managed portfolios.
He will report to Didier Rosenfeld, managing director and head of
EAFE (Europe, Australia and Far East) and global strategies for
SSgA. Ooi joins SSgA from Citi Investment Research where he was a
director and senior quantitative analyst in the quantitative
research group. He has gained industry-wide recognition for having
pioneered the application of classification and regression three
techniques in stock selection modeling. At SSgA, Ooi will be
responsible for research and portfolio management across its
quantitative international active equity strategies. He joins a
global team with investment professionals in Boston, Paris, London,
Montreal, Sydney, Toronto, Tokyo and Hong Kong, who manage active
risk-controlled strategies that include single-country, regional
and global assignments managed against a wide-variety of
client-specified benchmarks. �We are pleased to announce Chee�s
appointment to the global active equity team, and are looking
forward to capitalizing on his 13 years of quantitative research
and modeling experience,� said Rosenfeld. �SSgA has been managing
active equity strategies for more than 30 years, and we continue to
build on our track record. Our focus on stock selection and a
well-balanced model of valuation, growth and quality factors, have
contributed to our ability to deliver excess returns and consistent
performance in our core strategies. Chee will help us to build on
this success.� Ooi holds a bachelor of science degree in electrical
engineering and computer science from Massachusetts Institute of
Technology. About State Street Global Advisors State Street Global
Advisors, the investment management arm 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 June 30, 2008, State Street Global Advisors has investment
centers in Boston, Hong Kong, London, Montreal, Munich, 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: Pensions & Investments
magazine for assets under management as of December 31, 2007
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