Pyramis Global Advisors Adds to Senior Investment Talent with Appointment of Pam R. Holding as Head of Portfolio Management

SMITHFIELD, RHODE ISLAND -- Pyramis Global Advisors®, a Fidelity Investments company, today announced the appointment of Pam R. Holding as Head of Portfolio Management. Holding will lead equity portfolio management teams at Pyramis and oversee strategy and implementation of institutional clients’ investments.

“Pam offers experience across asset classes and her joining our senior investment management team will create additional capacity for all senior investment staff,” said Mike Jones, President and CEO of Pyramis. “This appointment will help us continue on our path to best serve our clients in the most effective way.”

Holding’s position was created to bring additional senior resources to institutional asset management as PGA’s business grows and becomes more global. Pyramis currently manages more than $112 billion in equity assets including global and international equity, global sector, U.S. equity, asset allocation and alternatives including market neutral and long/short equity. She will report to Young Chin, Chief Investment Officer.

“At Pyramis, we are continuously looking to strengthen investment leadership to not only meet, but exceed client expectations and needs,” said Young Chin, CIO. “We are pleased to have an investment professional of Pam’s caliber join Pyramis.”

Holding was most recently managing director, global value equities at Putnam Investments in Boston from 2001 to 2009. Prior to that, she was associate director, head of European research from 1999 to 2001 in Putnam’s London office. She also held several fixed income research positions after joining Putnam in 1995. From 1992 to 1995, she was a senior high-yield bond analyst at Kemper Financial Services. Holding has a B.A. degree from Princeton University, an MBA from Harvard Business School and is a chartered financial analyst charterholder.

About Pyramis Global Advisors
Pyramis Global Advisors, a Fidelity Investments company, delivers asset management products and services designed to meet the needs of institutional investors around the world. Pyramis is a multi-asset class manager with extensive experience managing investments for, and serving the needs of, some of the world’s largest corporate and public defined benefit and defined contribution plans, endowments and foundations, insurance companies, and financial institutions. The firm offers traditional long-only and alternative equity, as well as fixed income and real estate debt and REIT investment strategies. As of September 30, 2012, assets under management totaled more than $190 billion USD. Headquartered in Smithfield, RI, USA, Pyramis offices are located in Boston, Toronto, Montreal, London and Hong Kong.

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