State Street Taps Kathryn Sweeney as Head of SPDR Institutional Sales

[kreslik.news]

State Street Global Advisors (SSGA), the asset management arm of State Street Corporation (NYSE: STT), has on-boarded Kathryn Sweeney as its newest Head of SPDR Americas Institutional Sales. The move comes amidst a groundswell of demand for exchange-traded-funds (ETFs) in North America, namely amongst institutional clients.

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ETF assets reached a record $2.6 trillion in 2016, having grown by a margin of 18 percent on a year-over-year basis, according to Broadridge’s FDI tracking data. With demand and activity for ETFs steadily rising during H1 2017, SSGA has opted to strengthen its ... (read more)