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State Street recruits German index chief for European ETF role

Andreetto’s hire reinforces US giant’s push to gain European ETF market share

The former chief executive of STOXX, Matteo Andreetto, has been appointed head of State Street Global Advisors’ exchange-traded funds business for Europe, Middle East and Africa, effective immediately.

In a statement published on October 1, the world’s third largest asset manager confirmed that Andreetto has moved from the German-owned index provider to a London-based role, where he now leads their ETF sales team.

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