The firm re-appoints Lochiel Crafter in an expanded role to oversee its regional investment teams and focus on client interaction following his departure two years ago as Asia-Pacific CIO.
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State Street Global Advisors declares itself happy after listing a new Greater China-focused ETF in Hong Kong under an umbrella structure that should make it easier to launch more products in future.
The asset manager says its new dynamic strategic hedging programme for Asian currencies should prove timely, as the region's currencies are ultimately expected to rise against the dollar.
