State Street Investment Management (State Street IM) has appointed Stephen Yeats as chief executive officer of its UK-based investment management entity.
In his new role, Yeats will lead the strategic direction and management of the UK business while continuing to serve as global head of systematic fixed income, overseeing a team managing more than $700 billion in fixed income solutions.
Yeats joined State Street IM in 2007 and has held several senior roles, including UK Head of Investments. He succeeds Alex Castle, who left the firm at the end of September 2025.
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Ann Prendergast, head of Emea at State Street Investment Management, commented: “Stephen has an extensive track record and vast experience, covering our firm specifically and the wider sector alike, which made him an ideal candidate for this role. I know under his leadership our UK business will be ideally placed to continue to deliver an incredibly high-quality of service to our clients, predicated on State Street Investment Management’s deep expertise, record of innovation and position as a trusted partner to those we serve.”
Yeats said: “I am thrilled to be asked to lead State Street Investment Management’s UK entity and I look forward to helping continue the firm’s evolution in the UK market. The EMEA region broadly, including the UK, are integral to the firm’s broader strategy and my aim in this role will be to ensure that State Street Investment Management is well placed to continue to provide exceptional service to our clients.”
