Derek Young has been named president of Fidelity Investments' asset allocation division, which provides global asset allocation research, multi-asset class portfolio construction, third-party manager research, risk management and financial planning solutions.
Young was most recently the chief investment officer of the firm's global asset allocation group. He has been with Fidelity since 1996.
Young is replacing Boyce Greer, who has been named head of institutional investments for Fidelity Asset Management.
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails