State Street Global Advisors Appoints New Global Head of Defined Contribution Business
May 08 2017 - 9:00AM
Business Wire
State Street Global Advisors (SSGA), the asset management
business of State Street Corporation (NYSE: STT) today announced
that Dave Ireland will return to SSGA as the new global head of
Defined Contribution. Based in Boston, Ireland will report to Barry
F.X. Smith, head of the Americas Institutional Client Group.
“The defined contribution market continues to expand, both in
size and complexity,” said Smith. “Plan sponsors and the
participants they serve face many challenges as they seek the
shared goal of a financially secure retirement. This includes
providing the right investment choices, educational tools and plan
features that help participants reach their goals. It will also
soon include providing choices that help them manage the income
from their savings throughout retirement. Dave is a leader who has
been helping clients meet these challenges for many years and we
are pleased to have him re-join SSGA to help us make retirement
work for everyone.”
As the global head of Defined Contribution, Ireland will be
responsible for advancing SSGA’s industry-leading, $421 billion
global defined contribution (DC) business1, including all business
development activities, product development, thought-leadership,
marketing, and retirement-related public policy advocacy. Ireland
will lead a global team of more than 40 employees, located in
Boston, London and San Francisco.
Ireland has more than 13 years of experience at SSGA maintaining
a variety of roles such as head of US Consultant Relations,
director of the North American Defined Contribution Sales and
Strategy and senior investment strategist and portfolio manager for
the Global Asset Allocation team, where he was actively involved in
designing and distributing SSGA's industry-leading Target
Retirement Funds. He most recently served as Director of Defined
Contribution Distribution at Wellington Management, where he played
a strategic role in building out its DC business.
About State Street Global Advisors
For nearly four decades, State Street Global Advisors has been
committed to helping financial professionals and those who rely on
them achieve their investment objectives. We partner with
institutions and financial professionals to help them reach their
goals through a rigorous, research-driven process spanning both
active and index disciplines. We take pride in working closely with
our clients to develop precise investment strategies, including our
pioneering family of SPDR ETFs. With trillions* in assets under
management, our scale and global footprint provide access to
markets and asset classes, and allow us to deliver expert insights
and investment solutions.
State Street Global Advisors is the investment management arm of
State Street Corporation.
*Assets under management were $2.56 trillion as of March 31,
2017. AUM reflects approx. $33.33 billion (as of 3/31/2017) with
respect to which State Street Global Advisors Funds Distributors,
LLC serves as marketing agent; State Street Global Advisors Funds
Distributors, LLC and State Street Global Advisors are
affiliated.
For Public Use
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principal.
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The information provided does not constitute investment advice
as such term is defined under the Markets in Financial Instruments
Directive (2004/39/EC) and it should not be relied on as such. It
should not be considered a solicitation to buy or an offer to sell
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other professional advisor. All material has been obtained from
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information.
State Street Global Advisors Limited. Authorized and regulated
by the Financial Conduct Authority. Registered in England.
Registered No. 2509928. VAT No. 5776591 81.
Registered office: 20 Churchill Place, Canary Wharf, London, E14
5HJ. Telephone: 020 3395 6000
Facsimile: 020 3395 6350 n Web: www.SSGA.com
State Street Corporation, One Lincoln Street, Boston, MA
02111-2900
© 2017 State Street Corporation - All Rights Reserved
CORP-2921
Exp 5/30/2018
1 SSGA as of 3/31/17
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State Street CorporationAndrew Hopkins, +1
617-664-2422Ahopkins2@StateStreet.com
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