State Street Corporation says it has big ambitions for its new
hedge fund servicing business in the Asia Pacific - and says it
hopes to employ at least 400 to 500 people in the region within
the next five years solely focused on the alternative
investment space, encompassing real estate funds and private
equity funds as well as hedge funds.
Carol Hall, who joined State Street two months ago, has been
appointed senior managing director and head of alternative
investment services in Asia Pacific.
Her remit is to develop...