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Fidelity promotes Prior to head $750 bln fixed-income unit
March 7, 2014 / 3:58 PM / 4 years ago

Fidelity promotes Prior to head $750 bln fixed-income unit

BOSTON, March 7 (Reuters) - Fidelity Investments on Friday named Nancy Prior as president of its fixed-income unit, with more than $750 billion in assets.

Prior succeeds Charlie Morrison, who was named to run the closely held Boston company’s $1.9 trillion asset management organization last month. Prior has been president of Fidelity’s money markets and short duration bonds division.

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