Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A State Street Leader Will Take Over a $15B U.S. Biz Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 04, 2019

A State Street Leader Will Take Over a $15B U.S. Biz

Reported by Neil Anderson, Managing Editor

A top State Street leader and veteran ETF executive is moving on and taking over a British multinational's U.S. asset management business.

Nicholas Good
J O Hambro Capital Management
Incoming CEO, U.S. Business
On December 2, Nick Good will join J O Hambro Capital Management (JOHCM [profile]) as CEO of its U.S. business, confirms Emilio Gonzalez, group CEO of Pendal Group (JOHCM's publicly traded Australian parent). Good currently serves as executive vice president, chief growth and strategy officer at State Street.

"Nick Good, our head of strategy, is leaving us later this year for a new opportunity. We wish him continued success and we are sure our paths will continue to cross in the industry," Brendan Paul, a State Street spokesman, tells MFWire. "We have a strong bench to consider from a succession standpoint and have begun an internal and external search for Nick's replacement. We will announce a new head of strategy in due course."

At JOHCM, Good will report directly to Gonzalez, who has also been serving as acting JOHCM group CEO. Now Gonzalez is hiring two JOHCM leaders, with Good joining in December and with Alexandra Altinger joining next Monday as JOHCM's CEO for the UK, Europe, and Asia.

"We've now split the JOHCM Group CEO role into two to reflect the growing importance and size of our U.S. business," a spokeswoman for JOHCM tells MFWire.

Good will remain based in Boston and will join Pendal's global executive commitee. JOHCM now has 34 U.S. employees between its Berwyn, Boston, and New York offices, a spokeswoman for JOHCM confirms, and the asset manager has about $15 billion in AUM (as of June 30) from U.S. clients. Worldwide, JOHCM has $38.1 billion in AUM (as of June 30), and Pendal (which bought JOHCM in 2011) has AU$101.3 billion ($68.79 billion U.S.) in AUM (as of June 30).

Gonzalez describes Good as "the prime candidate" to lead JOHCM in the U.S.

"He has built and grown successful businesses, has deep knowledge of the market and a track record of delivering results," Gonzalez states.

"JOHCM has carved out a strong position in the U.S. in a short timeframe, and I see real potential to accelerate that growth," Good states. "I am excited by this opportunity and attracted by the firm's investment-led pedigree and entrepreneurial culture."

Good, an alumnus of the University of Oxford, has worked with State Street for five years, including two as co-head of SSgA's global SPDR ETF business. Before joining State Street in 2014, he worked at BlackRock's iShares ETF business, BGI, BCG, and Kalchas. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use