Derek Young Named President of Asset Allocation Division

Monday, August 1st

Fidelity announced today that Derek L. Young has been promoted to president of the company’s Asset Allocation Division. He succeeds Boyce I. Greer, who was recently named head of Institutional Investments for Fidelity Asset Management and vice chairman of Pyramis Global Advisors.

Fidelity’s Asset Allocation Division, with more than $364 billion in assets, provides a broad range of investment management services, including global asset allocation research, multi-asset class portfolio construction, third-party manager research, risk management, and financial planning solutions. Click here to read the full press release.