This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

State Street Global Advisors Appoints Head Of Global Defined Contribution Research And Product Development

State Street Global Advisors (SSgA), the asset management business of State Street Corporation has announced the appointment of Mark Fortier to managing director, head of global defined contribution research and product development.

In this position, Fortier will be responsible for developing best-in-class products that anticipate plan sponsor needs and will work closely with the investment teams across SSgA to bring new defined contribution products to market globally. Fortier will be based in Boston and report to Fredrik Axsater, managing director and global head of defined contribution at SSgA.

“Solving the retirement income equation requires the right tools and the right people,” said Axsater. “Mark is a recognized leader with more than 25 years of experience in the defined contribution marketplace and has been a pioneer in lifetime income solutions. His appointment demonstrates our commitment to developing innovative solutions for our clients who are struggling to help their employees transition to retirement. Mark’s expertise can help us move the dial on retirement readiness and retirement security for defined contribution investors.”

Fortier joins SSgA from Alliance Bernstein, where he most recently served as head of product and partner strategy. While there, he pioneered the defined contribution industry’s first large market, lifetime income solution. Prior to Alliance Bernstein, Fortier worked at Aegon for more than twenty years in a variety of senior roles in their retirement business. He holds a bachelor’s degree from Columbia University, a master’s in business administration from New York University and is a chartered financial analyst (CFA).

About State Street Global Advisors

State Street Global Advisors (SSgA) is a global leader in asset management. The firm is relied on by sophisticated investors worldwide for its disciplined investment process, powerful global investment platform and access to every major asset class, capitalization range and style. SSgA is the asset management business of State Street Corporation, one of the world’s leading providers of financial services to institutional investors.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs