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State Street appoints new Singapore ETF head

State Street Global Advisors has named Jermyn Wong as its new head of SPDR ETF Singapore. SPDR is an acronym for Standard & Poor's Depository Receipts. Wong, who has 10 years of experience in the Singapore financial industry, will report to managing director and head of SPDR ETFs Asia Pacific distribution Meaghan Victor. Wong joins State Street from Nikko Asset Management where he was Asia head of ETF business development. The appointment comes as Singapore has become home to some of the leading ETF investors in Asia Pacific. State Global Advisors was the fourth largest asset manager with over USD4tr in assets under management.

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