The head of State Street Global Advisors’ exchange-traded funds business for the UK has left the $2.4 trillion manager and is planning to launch her own financial consultancy, just months after Pimco’s equities chief made a similar move.

Eleanor Hope-Bell, who had been in charge of UK sales and distribution of SSGA's ETF investment strategies known as its SPDR range, is planning to set up Quartam Capital, a venture that will work across the financial services arena.