State Street Global Advisors has named a hedge fund industry veteran chief investment officer of its active emerging markets equities and global macro efforts.
Michael Ho will run the former and develop the latter, SSgA said in a statement. He will be based in Boston.
Ho most recently worked at Mellon Capital Management, where he was CIO, overseeing $220 billion in assets under management. He formerly oversaw hedge funds at Mellon Capital and was head of research of global tactical asset allocation at the firm.
“Michael's experience allows us to expand our capabilities in active emerging markets and advance our efforts in building a strong global macro strategy. Our hedge fund affiliate SSARIS Advisors has delivered strong results in fund-of-funds, multi-strategy and single strategy funds and we are committed to growing these capabilities,” Alistair Lowe, global CIO for active equities, said. “By adding a global macro strategy we can further strengthen the solutions we deliver to our clients.”