State Street’s exchange-traded fund (ETF) business SPDR ETF has hired three product developers to its European team, including two from Invesco ETF and the third from Citi.
Antoine Boulet and Luca Zanoni both join from the product and sales strategy group at Invesco ETF. Boulet had responsibilities for new and existing products, while Zanoni specialised in fixed income product development and management.
Simon Hutcheson joins SPDR ETF from Citigroup where he held the position of vice president, structurer, global markets. At Citi he was responsible for fund structuring solutions across product groups, asset classes and client segments.
Also while at Citi, Hutcheson was responsible for developing the Red Arc Term Liquidity Fund, an investment vehicle providing exposure to the repo market, which raised $2 billion in assets over two years.
The roles cover Europe, Middle East and Africa.
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