SSgA boosts Asia ETF team, plans listings

Ray Chan joined State Street Global Advisors (SSgA) earlier this month as Asia ex-Japan head of business development for its range of SPDR exchange-traded funds. In a move aimed at strengthening its position as the biggest provider of exchange-traded funds by AUM in the region, SSgA is targeting more ETF sales particularly to fund managers, insurance companies and the private-wealth sector. In the newly created role, Chan reports to Frank Henze, Asia-Pacific head of ETFs, whose …