Wednesday, June 19, 2013

Reuters: US Dollar Report: State Street unveils shake-up in asset management arm

Reuters: US Dollar Report
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State Street unveils shake-up in asset management arm
Jun 19th 2013, 16:05

BOSTON, June 19 | Wed Jun 19, 2013 12:05pm EDT

BOSTON, June 19 (Reuters) - State Street Corp on Wednesday announced a shake-up in its asset management division, saying global equities chief Alistair Lowe will leave the company by the end of the year.

The move comes as State Street Global Advisors combines its cash and fixed income capabilities under Steve Meier. He will become chief investment officer of fixed income, currency and cash, Boston-based State Street said in a press release.

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