State Street Global Advisors, the investment research and trading arm for Boston-based State Street, said it will lose Global Equities CIO Alistair Lowe as it plans to transition toward combining various investment disciplines.

The asset management division stated that Lowe will leave when it completes a transition from quantitative developed and enhanced equities.

“We believe that active quantitative and enhanced equity strategies operate best as a single discipline and combining them will allow us to serve clients with deeper perspective and resources,” Rick Lacaille, SSgA CIO said Wednesday.

Under the new direction, State Street says active quantitative and enhanced equity will be undertaken by Ted Gekas, current head of global enhanced equity, who will assume a new role as CIO and active quantitative equity global head.

Lowe previously joined SSgA in 1996 from NatWest Investment Management. He then was CIO of multi-class solutions and currency. As global equities CIO, he is “responsible for the management and development of active and enhanced quantitative equity strategies worldwide,” the firm said on its website.

According to the financial services institution, fixed-income management will be broadened to include structured credit, high yield and emerging market debt, the June 19 announcement said.

Lacaille added that “the boundaries between fixed-income disciplines are blurring and that a broad view is beneficial.”

“…It is clear that cash management is moving away from a traditional money market framework and that optimal portfolio management now incorporates skills typically associated with managing longer dated fixed-income securities,” Lacaille noted.

Additionally, all cash and fixed-income will fall under Steve Meier’s leadership as CIO of fixed-income, currency and cash. Also, current head of fixed-income, Kevin Anderson, will take on a head of investments position for the Asia Pacific region.

Anderson replaces Lochiel Crafter, who has recently been named global head of strategy for SSgA, the Wednesday press release said.

As of March 31, State Street had about $2.2 trillion in assets under management.

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