People Moves

Who's Moving Where In Wealth Management? - SSGA, PIMCO

Editorial Staff 21 March 2018

Who's Moving Where In Wealth Management? - SSGA, PIMCO

The latest moves in wealth management across the UK, Europe, Middle East and Africa.

State Street Global Advisors
State Street Global Advisors, the asset management business of State Street Corporation, has appointed Rory Tobin as global head of its SPDR exchange-traded fund business, it said in a statement.

Nick Good, previously co-head of the SPDR ETF business, has been appointed as State Street’s chief growth and strategy officer.

Tobin joined State Street Global Advisors in 2014 from Barclays Wealth & Investment Management, where he served as chief executive of Barclays Asset Management and was global head of investments and solutions. 

He will continue to report to Cyrus Taraporevala, president and chief executive officer of State Street Global Advisors.

In his new role, Good is responsible for working with State Street’s management committee and board of directors to develop long-term business growth, strengthen the company’s business partnerships and drive continued innovation and solutions for clients.  He will report to Eric Aboaf, chief financial officer of State Street.

Jim Ross, chairman of global SPDR and State Street Global Advisors Funds Management continues in his role.

PIMCO
PIMCO, a global investment management firm, has appointed Richard Bacon and Joseph McCurdy as vice presidents of its UK global wealth management team. 

Both will report to Jonathan Dabinett, senior vice president and head of UK global wealth management.

Bacon, who joins PIMCO from Standard Life Investments, will focus on the Midlands and southern region of the UK.  McCurdy, who joins PIMCO from Standard Life Investments, will focus on the development of PIMCO’s business across the northern region of the UK.

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