The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Ben Clissold Joins State Street Global Advisors as Senior LDI Portfolio Manager

Subscribe to our newsletter

State Street Global Advisors (SSgA), the investment management business of State Street Corporation, today announced the appointment of Ben Clissold as senior liability-driven investment (LDI) portfolio manager within the Investment Solutions Group. Clissold will be based in London and will report to Raymond Haines, head of European Liability-Driven Investment.

Clissold joins from P-Solve Asset Solutions, where he was deputy CIO and he spent over four years designing, executing and managing liability driven investment solutions for 70 clients. Prior to this he worked at ING Bank and CIBC World Markets trading derivatives.

Raymond Haines commented, “Ben joins our Investment Solutions business and brings a wealth of experience in developing and implementing derivative-based LDI strategies. His role is to help build our LDI capability and proposition. We are committed to growing our team here in Europe, which will in turn further enhance the solutions we are able to bring to clients.”

SSgA provides investment solutions specific to clients needs such as LDI, tactical and strategic asset allocation and alternative asset-class investing. SSgA has managed tailored LDI solutions for a broad range of clients since early 2005 and presently it holds $201bn in assets under management (31/12/2010) across its multi-asset allocation strategies.

Haines adds, “Liability-driven investing solutions are increasingly being used to meet the challenges trustees and plan sponsors face. The ongoing economic uncertainty continues to raise concerns among pension scheme sponsors and trustees, especially with regard to pension scheme liabilities.”

In addition, Mathias Marta will also join the LDI team in London. Mathias is currently a senior investment manager within SSgA’s Fixed Income Beta Solutions team. In his new role he will be responsible for managing a range of LDI solutions.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Fighting fraud and financial crime with RegTech

Financial fraud and crime continue to escalate causing significant damage to companies, countries and the global economy despite enormous efforts by firms and organisations in the financial services sector to identify and expel bad actors. As these bad actors use increasingly sophisticated techniques to break into financial institutions and extract both money and data, so...

BLOG

Charles River Names Caroline O’Shaughnessy as Head of EMEA

Charles River Development (CRD), a State Street Company, has appointed Caroline O’Shaughnessy as senior vice president and head of EMEA with responsibility for all business oversight within the region and collaboration with State Street Alpha, State Street’s global front-to-back office platform. O’Shaughnessy joins CRD, provider of the Charles River Investment Management Solution, from the London...

EVENT

ESG Data & Tech Summit 2022

The inaugural ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

FATCA – The Time to Act is Now

The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...