Ron O’Hanley Talks Retirement Savings and Smart Beta ETFs
Few people can claim to have led the world’s top three asset management firms during their career — but SSGA President and CEO Ron O’Hanley can. His experience gives him a unique vantage over recent changes, both in our company and throughout the industry.
O’Hanley has led the development of new products, including smart beta ETFs, that leverage our decades of experience in both active and passive management. Here, he discusses company strategy and what he sees as the industry’s most vital charge: to help individual investors better manage retirement savings as lifespans increase and long-term return expectations fade.
The lower-for-longer interest rate environment is real. Return expectations for financial assets have to come down. People have to start saving earlier and to save more for their retirement.