State Street hires Nordic ETF head

State Street Global Advisors (SSGA) has hired Marcus Miholich for a newly created role as head of its ETF brand, SPDR, in the Nordic countries.

Miholich joins from Haitong Securities in London where he was head of delta one, ETF and cash equity trading. 

At State Street he will be responsible for evaluating the investment objectives of Nordic clients and positioning SPDR ETF products and services, the firm says.

He will report to Rory Tobin, chairman of SSGA and a regional global co-head of SPDR ETFs.

Tobin said ETFs were becoming more popular in the Nordic region.

“We are seeing increasing demand for ETFs from clients in Denmark, Finland, Norway and Sweden, who are attracted to the cost-effective and transparent nature of ETFs, as well as the ability to access liquidity in real time,” Tobin said.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST