SSgA Announces New Head of Index Equity

May 12, 2010 ( - State Street Global Advisors (SSgA), the investment management business of State Street Corporation, announced that Lynn Blake will assume the role of global head of Index Equity following the retirement of Paul Brakke, senior managing director and head of the Global Structured Products Group.

Blake will report to Rick Lacaille, global chief investment officer for SSgA. Brakke plans to retire on December 31, 2010.  

According to the announcement, Blake joined SSgA in 1987 and has held several senior positions within the organization, most recently head of non-US markets in the Global Structured Products Group. She has also served as a portfolio manager for several non-US index equity portfolios.   

Blake is a member of SSgA’s Senior Management Group and Fiduciary Review Committee.  

“Lynn and Paul have worked side-by-side in SSgA’s Global Structured Products Group for almost two decades building a strong team and delivering solutions for our clients. Lynn is a seasoned professional who is a passionate advocate for index management—a cornerstone of SSgA’s business,” Lacaille said in the announcement.