Fidelity Appoints Pam Holding CIO for Institutional Unit Pyramis
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Fidelity Investments, the second-biggest mutual-fund manager, named Pam R. Holding chief investment officer for Pyramis Global Advisors, the unit that caters to institutional clients.
Holding will take over Jan. 1, replacing Young D. Chin, 56, Pyramis CIO since March 2006, who plans to retire, Jeff Cathie, a spokesman for the Boston-based firm, said today in an e-mail. Holding, who joined Pyramis in January as head of portfolio management, a new position, will report to Michael A. Jones, the unit’s chief executive officer.