Standard Life Investments appoints subadvisory and DC director

Jim Sia was named director, subadvisory and defined contribution at Standard Life Investments, spokesman Scott Paer said.

The position is new. Mr. Sia will lead the firm's efforts in diversifying its subadvisory and DC business in North America. He will be based in Boston and report to Eric Roberts, head of U.S. business development.

Mr. Sia was specialty team leader, subadvisory and defined contribution at Grantham, Mayo, Van Otterloo & Co. GMO spokesman Tucker Hewes declined to comment on whether he was replaced.

SLI manages $360 billion in assets.