State Street Global Advisors Names Michael Ho as New Chief Investment Officer for Emerging Market Equities & Global Macro Cap...
December 12 2011 - 2:07PM
Business Wire
State Street Global Advisors (SSgA), the investment management
business of State Street Corporation (NYSE: STT), today appointed
Michael Ho to chief investment officer for its Active Emerging
Markets Equities and Global Macro capabilities.
Ho, who will be based in Boston, joins SSgA from Mellon Capital
Management where he oversaw all investments as chief investment
officer, responsible for approximately $220 billion in assets under
management, spanning all investment disciplines including global
tactical asset allocation, currency, quantitative equity, active
and passive fixed income and index equity strategies. Earlier in
his career, Ho was head of research for Global Tactical Asset
Allocation and oversaw hedge funds at Mellon Capital where he
generated a strong performance record.
Ho reports to Alistair Lowe, global chief investment officer for
Active Equities. In this new role, Ho will manage the Active
Emerging Markets team and lead the development of global macro
strategies with the support of SSgA’s Advanced Research Center and
other investment teams.
Commenting on Ho’s appointment, Lowe said, “The addition of an
experienced investment professional like Michael underscores our
commitment to having the highest quality investment talent at SSgA.
Michael’s experience allows us to expand our capabilities in Active
Emerging Markets and advance our efforts in building a strong
Global Macro strategy. Our hedge fund affiliate SSARIS Advisors has
delivered strong results in fund-of-funds, multi-strategy and
single strategy funds and we are committed to growing these
capabilities. By adding a global macro strategy we can further
strengthen the solutions we deliver to our clients.”
Lowe continued, “Over the past several years, the active
emerging markets team has delivered strong investment results for
our clients. Michael’s extensive and well-rounded experience in
managing portfolios, leading investment teams, working with client
and consultant relationships and generating business development
opportunities will no doubt help us to more aggressively advance
this area of our business.”
Ho holds a doctorate in management science and engineering and
Master of Science in engineering-economic systems from Stanford
University.
About State Street Global Advisors
State Street Global Advisors (SSgA) is a global leader in asset
management. The firm is relied on by sophisticated investors
worldwide for its 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 Corporation, one of the world’s leading
providers of financial services to institutional investors.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading provider of financial services to institutional investors
including investment servicing, investment management and
investment research and trading. With $21.5 trillion in assets
under custody and administration and $1.9 trillion* in assets under
management at September 30, 2011, State Street operates in 26
countries and more than 100 geographic markets. For more
information, visit State Street’s web site at
www.statestreet.com.
*This AUM includes the assets of the SPDR Gold Trust (approx.
$64 billion as of September 30, 2011), for which State Street
Global Markets, LLC, an affiliate of State Street Global Advisors
serves as the marketing agent.
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