SSgA adds to Multi-Asset-Class Solutions Group

1 Jul 2010
State Street Global Advisors has announced the appointment of Raymond Haines as head of UK Liability Driven Investing and Christopher J. Goolgasian, CFA, CPA, CAIA, who joined SSgA as a senior portfolio manager in the Multi-Asset-Class Solutions group in Boston. The company also announced the transition of Gregory Taieb from its Montreal office to support the UK MACS team in London. SSgA’s MACS group provides asset allocation, LDI and exposure management solutions to clients across all asset classes globally.

“Our Multi-Asset-Class Solutions team partners with our clients to address a wide range of challenges which they face in today’s market environment such as adequately funding pension liabilities,” said Richard Lacaille, global chief investment officer for State Street Global Advisors. “The expansion of our MACS team enhances our ability to effectively deliver customized solutions for investors to address their changing needs.”

Haines has more than 30 years of financial industry experience and brings a technical investment background from his previous positions at LV= Asset Management where he was most recently chief investment officer and at ABN AMRO Bank NV, where he led the UK Pension Advisory team. He has also previously served as CIO at Hill Samuel Asset Management and as a pension fund Trustee, advising public sector funds. At SSgA, he will be responsible for managing LDI solutions for the UK market, and reports to Joseph Moody, global head of Liability Driven Investing.

Joining Haines on the London team is Gregory Taieb, a MACS portfolio manager in Montreal who will relocate to London to support the company’s continued growth in that market. Taieb, who will be responsible for portfolio management, research and product development for UK clients, has served on the MACS team since 2003 and has previously worked in SSgA’s Paris office managing balanced, LDI and overlay portfolios.

Vincent-Philippe Sicotte will succeed Gregory Taieb as portfolio manager in Montreal. In this new role, Sicotte will support the existing client base in Canada. Sicotte joined SSgA in 2006.

Boston-based Goolgasian will be responsible for developing and implementing multi-asset-class solutions for defined benefit, defined contribution, and endowment and foundation clients. He joins State Street from Pyramis Global Advisors, where he was an institutional portfolio manager. He reports to Daniel Farley, CFA, global head of Multi Asset Class Solutions.