Fidelity adds to team overseeing asset management

Feb 13, 2009 @ 2:52 pm

By Sue Asci

Fidelity Investments of Boston today named Anthony W. Ryan as head of asset management strategy and product development, a new position at the company.

He joins the firm from the Department of the Treasury, where he had worked since 2006.

Mr. Ryan will be responsible for investment strategies and product development across the firm’s asset management divisions, reporting to Michael Wilens, head of asset management.

At the Treasury Department, Mr. Ryan was under secretary of domestic finance from 2008 to 2009; he was an assistant secretary in the department from 2006 to 2008.

Previously, he served six years as a partner at GMO LLC of Boston. He also was a principal at State Street Global Advisors in that city.

Fidelity managed more than $1.2 trillion of assets as of Dec. 31.

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