The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Another Pru Vet Joins Up With Fido Not Rated 3.3 Email Routing List Email & Route  Print Print
Thursday, June 19, 2008

Another Pru Vet Joins Up With Fido

Reported by Erin Kello

Fidelity has a new found a new president and CEO for Pyramis Global Advisors. Kevin Uebelein will take over the position which opened up when Peter Smail retired earlier this year. Uebelein was previously employed with Prudential Financial where he was chief investment officer for all its International businesses.

Uebelein will report to Michael Wilens, who recently was named Fidelity's head of Asset Management. Rodger Lawson, who was named president of Fidelity Investments last year, also came from Pru.

Company Press Release

BOSTON, June 19, 2008 - Pyramis Global Advisors, a Fidelity Investments company, today announced the appointment of Kevin C. Uebelein as its president and CEO. Uebelein succeeds Peter J. Smail, who announced his retirement from the firm earlier this year.

Uebelein has more than 22 years of experience in the institutional investment management business. He joins Pyramis from Prudential Financial, where for the past seven years he has served as chief investment officer for all its International businesses. This role included oversight of assets in aggregate of over $130 billion, encompassing businesses in Asia, Latin America and Europe, as well as the full gamut of asset types, investment styles and customers.

"I know Kevin very well, and he is experienced both in investment management and in leading an investing business," said Rodger A. Lawson, president, Fidelity Investments. "Our institutional investment business is a global business and will continue to grow under Kevin's leadership. As the business develops new offerings and builds out its global distribution capability, Pyramis will become an even more critical part of Fidelity's future plans."

Uebelein will join Pyramis in late June and will report to Michael E. Wilens, who recently was named Fidelity's head of Asset Management.

Prior to his most recent role as CIO of Prudential's International Division, Uebelein was managing director of Prudential Private Asset Management Group, with P&L responsibility for all the firm's private equity and alternative asset investment businesses, U.S. and internationally.

He joined Prudential as a private placement analyst in 1986, based in Houston, after having spent several years as internal auditor in the oil industry and earning his CPA.

About Pyramis Global Advisors

Pyramis Global Advisors, a unit of Fidelity Investments, is an investment management firm focused on serving institutional investors including corporate and public retirement funds, endowments, foundations, other institutions, as well as non-U.S. investors. Pyramis offers active and risk-controlled domestic equity, international equity, fixed-income, high-yield, real estate, and alternative strategies including equity market neutral and 130/30 disciplines. As of March 31, 2008, assets under management totaled approximately $157 billion.

About Fidelity Investments

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of more than $3.4 trillion, including managed assets of more than $1.6 trillion as of May 31, 2008. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to 24 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit ww.fidelity.com. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use