News

SSGA hires Alex Sun as head of China

Alex_SunUS funds giant State Street Global Advisors (SSGA) has appointed Alex Sun as managing director and head of China in a newly-created role of head of China. With more than 15 years of asset management experience in China under his belt, Sun’s responsibilities will include devising and implementing the firm’s business plan for China. The Shanghai-based post is newly created. Prior to joining SSGA, Sun served as the assistant general manager of HSBC Jintrust, a joint venture between HSBC Global Asset Management and Shanxi Trust and Investment. Sun will also lead SSGA’s newly established wholly foreign owned enterprise (WFOE) in China. He will report to June Wong, head of Asia excluding Japan at SSGA, who said: “China offers significant long-term growth potential for us.” Wong added: “Alex will utilise our investment management WFOE in Shanghai as a springboard to help State Street Global Advisors build out our long-term business plan in this very sizeable and strategically important market.” ©2019 funds global asia

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