Fidelity Investments has appointed Nancy D. Prior as president of the company’s fixed income division and vice-chair of Pyramis Global Advisors.
In this role, she will oversee Fidelity’s global fixed income division, which includes the company’s bond and money market divisions. Prior will report to Charlie Morrison, president of Fidelity’s US$1.9-trillion asset management organization.
Headquartered in Merrimack, N.H., Fidelity’s fixed income division manages more than US$750 billion in assets on behalf of retail, intermediary and institutional clients globally.
She most recently served as president of money markets and short duration bonds. She succeeds Morrison, who was appointed president of asset management in February 2014.
Prior joined Fidelity in 2002 as a senior legal counsel for fixed income, eventually rising to senior vice-president and deputy general counsel. Before joining Fidelity, she was general counsel at Advantage Schools and an attorney at Mintz Levin in Boston.
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