State Street Boosts Fixed-Income Unit

State Street Global Advisors, the investment management business of State Street Corp., has appointed Catherine Powers as managing director and head of fixed-income alpha strategies for North America and Sandeep Bhatia as head of fixed-income alpha strategies for Europe, the Middle East and Africa.

State Street Global Advisors (SSgA), the investment management business of State Street Corp., has appointed Catherine Powers as managing director and head of fixed-income alpha strategies for North America and Sandeep Bhatia as head of fixed-income alpha strategies for Europe, the Middle East and Africa (EMEA). The duo reports to Bill Street, global head of fixed-income alpha strategies.

Most recently, Powers was with Standish Investment Management, where she headed the insurance client strategies group with a focus on customized fixed-income solutions. Bhatia, a senior portfolio manager specializing in credit markets at SSgA, joined from UBS Global Asset Management last year.

Click here for the release from Business Wire.