State Street Hires Florian Neto for Asia Pacific
The asset manager has named Neto senior managing director and head of investments for the Asia Pacific region, drawing him from Amundi.
Updated on Nov. 2, 2026 in People
State Street Investment Management has hired Florian Neto as senior managing director and head of investments for Asia Pacific. Neto was previously head of investments, Asia at Amundi, where he oversaw investment teams and portfolio management across the region.
Why it matters
The appointment places a senior investment leader with a long regional track record at the head of State Street IM's Asia Pacific investment teams. It reflects the competition among global asset managers for experienced talent to run regional investment operations.
Neto spent over a decade with Amundi before being promoted to head of investments, Asia in 2024. The source does not provide assets under management or team size figures for either firm's Asia Pacific operations.
The players
State Street Investment Management
The investment management arm of State Street Corporation, one of the largest custody and asset management firms in the world.
Florian Neto
An investment leader who spent over a decade at Amundi before joining State Street IM as head of investments for Asia Pacific.
Amundi
A European asset management firm and one of the largest asset managers in the world, where Neto previously led Asia investments.
Lori Heinel
State Street's global chief investment officer, to whom Neto will report.
The details
Neto will lead State Street IM's investment teams in Asia Pacific and help drive initiatives across the firm's investment platform. He will report to Lori Heinel, global chief investment officer, and is based in Hong Kong.
Timeline
Neto was promoted to head of investments, Asia at Amundi in 2024.
State Street IM announced the hire on November 2, 2026.
Market Landscape
Neto's move from Amundi's Asia investment franchise to State Street IM shifts senior regional investment talent between two competing global asset managers. Such lateral hires are a common way large firms build out their Asia Pacific investment capabilities.
For investors in Asia Pacific, the appointment signals a leadership change within State Street IM's regional investment teams. The source does not indicate any change to products, fees, or client services.
The takeaway
Leadership changes at major asset managers can signal shifts in regional strategy, and investors may watch how State Street IM's Asia Pacific team develops under its new head. Following hires like this one helps show where firms are investing in regional talent.
Further reading
Explore more business people appointments to see other senior hires across the industry.
