State Street Global Advisors Adds to Active Equity Team with Appointment of Marc Reinganum
March 25 2010 - 9:00AM
Business Wire
State Street Global Advisors (SSgA), the investment management
business of State Street Corporation (NYSE: STT), announced today
the appointment of Marc Reinganum, Ph.D. as head of its Active
Developed Market Equities team. Based in Boston, Reinganum is
responsible for all aspects of active management within the global
developed market equity portfolios, and reports to Arlene
Rockefeller, chief investment officer for global equities.
Reinganum joins SSgA most recently from Oppenheimer Funds, where
he was a senior portfolio manager and director of Quantitative
Research leading the research and investment technology teams and
spearheading the portfolio strategy function.
“Marc brings a unique combination of investment management
skills and academic research credentials to this demanding and
important role,” said Rockefeller. “His strong track record of
investment performance, his background in quantitative investing
and experience in developing dynamic investment models, will add
significant breadth and depth to our global equity team.”
Reinganum is a board member of the Institute of Quantitative
Research in Finance (Q-Group), a group dedicated to the development
and understanding of new quantitative techniques. He has served as
an endowed chair in Financial Investments at Southern Methodist
University, and as director of the Financial Markets Institute and
professor of Finance at the University of Iowa. He is a frequent
presenter and author, whose work has appeared in the Journal of
Financial Economics and the Journal of Portfolio Management, among
others.
“Clients are increasingly demanding higher alpha strategies that
are needed to deliver growth,” said Reinganum. “At SSgA, we are
focused on providing solutions to our clients and as such, we
continually evolve our investment capabilities to keep pace with
market developments. My team and I will continue to collaborate
with SSgA’s Advanced Research Center to identify and utilize new
alpha sources and continuously enhance our proprietary models.”
About SSgA
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 December
31, 2009, State Street Global Advisors has investment centers in
Boston, Hong Kong, London, Montreal, Paris, Singapore, Sydney,
Tokyo, Toronto and Zurich, and offices in 26 cities worldwide. For
more information, visit State Street Global Advisors at
www.ssga.com.
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