State Street Picks Asia Alts. Servicing Sales Chief

Feb 16 2012 | 2:39am ET

State Street has nabbed a Morgan Stanley salesman to lead its alternative investment servicing sales in Asia.

Dan McNicholas will oversee sales of State Street's hedge fund, real-estate and private equity servicing businesses. Based in Hong Kong, he is charged with helping to expand the firm's servicing footprint in the region.

State Street launched its hedge fund servicing business in Asia last year.

"The market for alternative investment servicing solutions continues to accelerate and it’s crucial to our long-term growth in Asia-Pacific," head of alternative investment services in Asia-Pacific Carol Hall said.

McNicholas was most recently head of financing sales for global markets financing and futures in Asia at Morgan Stanely. His resume also boasts stints at Deutsche Bank and Lehman Brothers.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of