State Street Global Advisors Names Head of US Sub-Advisory Business
June 15 2010 - 12:37PM
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.
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