Fidelity Investments has named former bond manager Charles Morrison to run its asset management unit. Morrison, 53, joined Fidelity in 1987 as a bond analyst. He will succeed Ronald P. O’Hanley, who is retiring.
“Charlie’s diverse experience during his 27 years at Fidelity positions him well to advance our asset-management business by continuing to deliver strong, consistent performance across all asset classes, sharpening our global investment focus, and offering innovative products that help deliver better outcomes for our clients,” Fidelity President Abigail Johnson said in the statement.