GLOBAL - State Street, Mercer, Cardano, Barrie & Hibbert, Sophis, SL Capital Partners, SEB

State Street Corporation - Jay Hooley, vice chairman and head of State Street's global investment servicing, trading and research businesses, was promoted to president and chief operating officer. The group has also announced three appointments to its Advanced Research Center (ARC) in London. Söhnke Bartram joins from Lancaster University Management School as principal, responsible for research on active equity strategies. Javier Fernandez-Alcazar will conduct alpha generation research and designing portfolio analytic solutions across several asset classes. He prevously held a post-doctoral position at the Department of Aeronautics and Astronautics at the Massachusetts Institute of Technology. Thomas Tziortziotis will focus on active global fixed income and currency models. He was most recently with BNP Paribas Asset Management.

Mercer - Steven Blackie has left Aon Consulting's Scottish practice to join Mercer as a principal and senior investment consultant in Edinburgh. Blackie will have responsibility for the investment consulting business in Scotland.

Cardano - Bill Kelsey, from Integrated Alternative Investments, has started working at the Dutch company's London-based investment management team, with specific responsibility for selecting equity long/short and long-only managers for Cardano's UK clients.

Barrie & Hibbert - Alexandra Lomakin has been appointed as US analyst. Lomakin joins from New York Life Assurance Company. Moreover, Rachel Anderson has started as a solicitor in the Edinburgh office, joining from Brodies.

SL Capital Partners - Eric Albertson has been appointed as private equity investment director covering North America. Boston-based Albertson previously worked for Bank of America Capital Advisors LLC.

SEB - The Nordic financial group is planning to expand its international asset management sales team across Europe. A new international sales team will be established with members based in Stockholm, London, Luxembourg and Helsinki, the group has announced.