State Street Global Advisors (SSgA), the investment management business of State Street, has appointed Raymond Haines as head of UK Liability Driven Investing (LDI) and Christopher Goolgasian as senior portfolio manager in the SSgA's multi-asset-class solutions (MACS) group in Boston.
Mr Haines and Mr Goolgasian will be responsible for developing and implementing multi-asset-class solutions for defined benefit, defined contribution, and endowment and foundation clients. Prior to this, Mr Goolgasian was institutional portfolio manager at Pyramis Global Advisors.
Joining Mr Haines on the London team is Gregory Taieb, a MACS portfolio manager in Montreal who will relocate to London to support the company’s growth in that market.
SSgA’s MACS group provides asset allocation, LDI and exposure management solutions to clients across all asset classes globally.
Vincent-Philippe Sicotte will succeed Gregory Taieb as portfolio manager in Montreal. Mr Sicotte will support the existing client base in Canada.
Richard Lacaille, global chief investment officer for State Street Global Advisors, said: “Our Multi-Asset-Class Solutions team partners with our clients to address a wide range of challenges which they face in today’s market environment such as adequately funding pension liabilities.
“The expansion of our MACS team enhances our ability to effectively deliver customized solutions for investors to address their changing needs.”