State Street Global Advisors Announces Key Appointments to Fixed Income and Equity Investment Teams

State Street Global Advisors (SSgA), the investment management business of State Street Corporation (NYSE: STT) today announced key appointments to its fixed income and equity investment teams that leverage its knowledgeable and experienced team of investment professionals.

Kevin D. Anderson Appointed Global Chief Investment Officer for Fixed Income and Currency

Kevin D. Anderson, Ph.D. previously SSgA’s Global Head of Fixed Income Beta Solutions, has been named the new global chief investment officer for Fixed Income and Currency, effective immediately. Anderson, who is based in London, succeeds Mark Marinella who has resigned from SSgA to pursue other opportunities.

Rick Lacaille, SSgA’s global chief investment officer said, “Over the past three years, the fixed income investment team has strengthened and refined its investment capabilities, restoring active fixed income performance where needed and laying the groundwork for future growth. I am confident that Kevin has the experience and ability to position SSgA to address the evolving needs of clients such as the growing appetite for credit strategies and global exposures.”

Anderson joined SSgA in 2001 and has been responsible for all fixed income beta solutions worldwide. He has worked extensively in the area of risk budgeting and prior to SSgA, was responsible for the development of quantitative strategies at Schroder Investment Management. He holds a Ph.D. in Theoretical Physics from the University of Southampton and he graduated with a BSc Honours degree in Mathematical Physics from the University of Edinburgh.

Anderson will be supported by an experienced team including Bill Cunningham and Bill Street, global co-heads of Active Fixed Income. Cunningham, who is also SSgA’s Global Head of Fixed Income Research, joined SSgA in 2008. Prior to SSgA, he was the head of Global Fixed Income Research for State Street Global Markets, the investment research and trading arm of State Street, where he helped build the overall fixed income business.

Street, head of Fixed Income Non-US Alpha Strategies, provides leadership to SSgA teams delivering active strategies in EMEA and Asia-Pacific. He joined SSgA in 2007 from Unicredit (formerly Hypovereinsbank HVB), where he was head of Fixed Income and Proprietary Trading, and has more than 15 years of fixed income and derivatives trading experience.

Marc Reinganum Assumes Expanded Equity Role in Response to Greater Demand for Global Mandates

SSgA also announced that Marc Reinganum Ph.D., who joined SSgA in December 2009 from Oppenheimer Funds as head of International Active Developed Markets Equities, will expand his responsibilities to include the US Active Equity team and the Canada Developed Markets team. In this expanded role, as head of global Active Developed Market Equities, he will work to ensure that SSgA’s active quantitative equity approach is applied consistently in all equity products for developed markets managed globally.

“We are committed to delivering a consistent, global active investment approach that maximizes performance for our clients,” said Lacaille. “The benefits from consistency have become even more important as we see clients increasingly turn to global versus domestic mandates. Marc has a strong background in quantitative research that supports his expanded role and SSgA’s work on the evolution of its quantitative models to a more dynamic approach.”

About State Street Global Advisors

State Street Global Advisors (SSgA) is a global leader in asset management that sophisticated investors worldwide rely on for a disciplined investment process, powerful global investment platform and access to every major asset class, capitalization range and style. SSgA is the asset management business of State Street, one of the world’s leading providers of financial services to institutional investors.

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