MONEY MANAGEMENT

Standard Life Investments recruits strategic relationships director

Larry Carlson was named director of strategic relationships at Standard Life Investments, spokesman Scott Paer said.

The position is new. Mr. Carlson will lead a team of investment relationship professionals who focus on SLI’s strategic partnerships. He will be based in Boston and report to Jack Boyce, managing director, head of North American distribution.This move follows an announcement earlier this month that Standard Life and Aberdeen Asset Management have agreed to merge.

Mr. Carlson was senior managing director, team leader at State Street Global Advisors. It could not be learned by press time if he was replaced; SSGA spokesman Andrew Hopkins could not be immediately reached for comment.

SLI manages $350 billion in assets.