State Street : Global Advisors Hires South East Asia Head of Client Relationships

State Street Global Advisors (SSGA), the asset management arm of State Street Corporation (NYSE: STT), announced today the appointment of James Ong to managing director and head of client relationship management for South -East Asia.

Ong has more than 20 years of sales experience across institutional and intermediary channels and brings strong relationships and commanding sales experience to SSGA. He is based in Singapore and reports to June Wong, head of SSGA Asia ex-Japan.

Wong said, 'James' deep familiarity with central banks, sovereign wealth funds, pension funds, foundations, endowments and insurance clients are greatly aligned with our team. He is a fantastic addition to our team in the Asia Pacific region as we build out our intermediary business.'

Ong joins SSGA from HSBC Global Asset Management where he looked after the South East Asian institutional business. Previously he held a similar position at UOB Asset Management.

Wong added, 'Markets continue to be volatile, triggered by a range of geopolitical factors. Investors need to think differently about their investment strategies to navigate the challenges ahead. It is important for them to have a partner with a strong track record working with institutions in Asia Pacific.'

About State Street Global Advisors

For nearly four decades, State Street Global Advisors has been committed to helping our clients, and those who rely on them, achieve financial security. We partner with many of the world's largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment process spanning both indexing and active disciplines. With trillions* in assets, our scale and global reach offer clients access to markets, geographies and asset classes, and allow us to deliver thoughtful insights and innovative solutions.

State Street Global Advisors is the investment management arm of State Street Corporation.

*Assets under management were US$2.24 trillion as of December 31, 2015. AUM reflects approx. US$22.0 billion (as of December 31, 2015) with respect to which State Street Global Markets, LLC (SSGM) serves as marketing agent; SSGM and State Street Global Advisors are affiliated.

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