State Street Global Advisors (SSgA) has appointed Celfin Capital to promote its SPDR exchange-traded funds (ETFs). The financial services provider will promote the firm’s funds in Latin America’s Andean region.
Celfin will distribute SPDR ETFs to institutional investors, including pension funds, mutual funds and insurers, in Chile, Colombia and Peru. SSgA had $2.8 billion in ETF assets in Latin America as of September 30, 2010.
Click here for the release from Business Wire.