07 November 2017
Reporter: Theo Andrew

SSGA names head of SPDR ETFs for Spain

State Street Global Advisors (SSGA) has named Ana Concejero as its new country head of Standard & Poors depositary receipt (SPDR) exchange-traded funds (ETFs) for Spain.

Based in London, Concejero will be responsible for developing the ETF business in Spain, developing solutions for asset managers, owners and intermediaries. She will report to Rory Tobin, global co-head of SPDR ETFs at SSGA.

Concejero has previously held senior positions at BlackRock and Deutsche Börse, working in London, San Francisco and Frankfurt.

Tobin commented: “The characteristics of ETFs appeal to Spanish investors looking for transparent and diversified strategies in a liquid and cost-effective wrapper.”

He added: “Ana Concejero has a significant track record of working with clients to understand their requirements and delivering solutions to meet their aspirations. Her experience will be invaluable in growing our footprint in Spain.”

Concejero said: “The SPDR ETF product mix offers a comprehensive toolbox of investment solutions for Spanish investors transitioning from a savings mindset to more of an investing one. With a strong heritage in sector and smart beta investing, we are well positioned to capture flow from institutional and wealth managers who want to incorporate highly targeted exposures in their portfolios.”

She added: “Equally, as central banks look to gradually unwind their bond market positions, clients are increasingly looking to investment managers for fixed income ETF solutions based on diversified and representative benchmarks.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Societe Generale boosts ESG reporting
22 November 2017 | Paris | Reporter: Jenna Lomax
The new solution allows institutional investors and asset managers to rate their investments against ESG indicators
Tobam launches bitcoin mutual fund
22 November 2017 | Paris | Reporter: Jenna Lomax
The fund will allow investors access to cryptocurrency to benefit from Tobam’s research and IT systems to track the value of investing in bitcoin
Strate adopts Nasdaq blockchain solution for voting
22 November 2017 | Stockholm | Reporter: Becky Butcher
Nasdaq is set to provide its blockchain electronic voting solution to South African Central Securities Depository (CSD) Strate
UniCredit launches instant payment solution
22 November 2017 | Milan | Reporter: Becky Butcher
UniCredit has launched its cross-border instant payments solution in Italy and Germany
Hedge fund industry reaches new highs in Q3
22 November 2017 | London | Reporter: Zsuzsa Szabo
The hedge fund industry has recorded strong performance in Q3 2017, after stumbling in 2016, according to Preqin
SSGA hires Nordic head of SPDR ETFs
21 November 2017 | London | Reporter: Theo Andrew
Based in London, Marcus Miholich will be responsible for evaluating the investment objectives of SSGA’s Nordic client base. He will report to Rory Tobin, global co-head of SPDR ETFs at SSGA
EU Commission opens consultation of SFTR TR fees
21 November 2017 | Paris | Reporter: Drew Nicol
UK-based trade repositories may be forced to shoulder additional third-party recognition fees to operate under EU regulatory frameworks post-Brexit, according to proposed EU Commission rules
More news