Pyramis Global Advisors, the institutional arm of US asset manager Fidelity, has hired a new chief executive.

The firm has recruited Mike Jones, who previously led Columbia Management's US asset management business - responsible for $326bn in assets under management - to take on the role.

Pyramis, the institutional arm of Fidelity Asset Management, has named Mike Jones, who previously led Columbia Management’s US asset management business, as its new chief executive

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Pyramis hires new chief executive

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