State Street Global Advisors (SSgA) has appointed asset management industry veteran Lori Heinel as its first-ever chief portfolio strategist, the firm announced today.
She will serve as the head liaison between the group’s investment strategies and clients, prospective clients, and consultants. According to SSgA, the new role puts her in charge of a roughly 20-person team.
Heinel joins SSgA from OppenheimerFunds, where for nearly four and a half years she has led its investment products division. Her extensive career in asset management also included five years as head of Citi Private Bank’s investment solutions business and eight years in a similar role at SEI.
“Lori brings a strong blend of client and investment knowledge to the position and her varied experience has given her a keen understanding of the intricacies and distinct needs of a wide range of clients,” said SSgA CIO Rick Lacaille. He complimented Heinel on her “breadth of knowledge,” and noted it would help SSgA in its aims as an outcome-oriented provider.
On SSgA, Heinel remarked it “has built a well-earned reputation for investment prowess and exceptional client service” and said she is “thrilled to be at the nexus of both.”
Heinel began her 30-plus year career in finance as an investment banking analyst and trader for Credit Suisse First Boston.
She holds an undergraduate degree from Princeton and an MBA in finance from Carnegie Mellon University.
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