Angela Summonte has been appointed head of asset owner and official institutions sector solutions for EMEA at State Street, after 14 years with BNP Paribas.
Tag: State Street
John Plansky, head of State Street Global Exchange, is named CEO of Charles River as Peter Lambertus takes on strategic consultant role.
The move is the latest effort by custodians to expand into the front-office; however, Northern Trust is the first to take on certain trading activities for asset managers.
NPS will also outsource, for the first time, its middle-office processes for all of its overseas investments to State Street.
Awards evening on 29th November in New York to honour the best in fund administration, prime brokerage, custody and technology innovation.
New research from State Street shows 78% of institutional investors are optimistic about their own growth prospects in the Middle East.
The new appointments follow the promotion of Liz Nolan to chief executive officer for State Street’s EMEA business in November.
Traditional long-only managers have been launching hedging strategies in the face of asset manager consolidation and the growth of passive investing.
State Street makes another move into front office trading technology with acquisition of FX TCA provider BestX.
State Street believes it can increase its footprint in the wealth space following acquisition of front-office service provider Charles River.