SSgA creates new fixed income role

Ramon Maronilla, former director of institutional business development for Asia at HSBC Asset Management, has joined State Street Global Advisors in Hong Kong as principal and a member of the firm's global fixed-income portfolio management team. A SSgA spokeswoman explains the role for Maronilla is a new one meant to champion fixed income both to the firm's regional clients as well as within the firm. She says fixed income represents a growing part of SSgA's business. Maronilla wil…