2016 Hall of Fame

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2016 Hall of Fame

Fidelity Investments is a diversified financial services firm that makes financial expertise broadly accessible to people investing their life savings, businesses managing their employee benefits and advisors investing their clients’ money.


The company was founded in 1946 by Edward C. Johnson 2d, Ned Johnson's father, to serve as investment advisor to the $3 million Fidelity Fund. Ned Johnson served as chief executive officer of Fidelity from 1977 to 2014.


Mr. Johnson joined the firm as a research analyst in 1957. He managed Fidelity Trend Fund from 1958 to 1967 and was Fidelity Magellan Fund's first portfolio manager, running the fund from 1963 to 1971. Mr. Johnson assumed executive control of the company in 1972 -- when assets under management were $3.9 billion -- and quickly established a reputation as an innovator within the financial services industry. He pioneered the direct marketing of mutual funds in the 1970s, and made Fidelity the first company to offer check-writing on money market funds. He also broke new ground in developing technology-based customer services such as 24-hour service with an in-house representative.


Born in 1930, Mr. Johnson received a bachelor of arts degree from Harvard College in 1954 and has honorary degrees from Bentley College, Boston University, Hobart and William Smith Colleges and Northeastern University. He is actively involved with a large number of organizations in the Boston area, including the Foundation for Neurologic Diseases, Beth Israel Hospital, the Boston Society of Security Analysts, the American Academy of Arts and Sciences, the Boston Museum of Fine Arts, Massachusetts General Hospital and Children's Hospital. He also pursues philanthropic activities as chairman of the Fidelity Foundation and the Edward C. Johnson Fund.

Fidelity Investments is a diversified financial services firm that makes financial expertise broadly accessible to people investing their life savings, businesses managing their employee benefits and advisors investing their clients’ money.


In his current role, Mr. Morrison oversees Fidelity’s investment divisions that collectively manage $2.1 trillion in retail and institutional assets on behalf of individual investors, intermediaries, and institutions worldwide. In addition to overseeing Fidelity Management & Research Company (FMRCo) and the Asset Allocation teams, Mr. Morrison is also responsible for Asset Management’s functional support areas, including operations, product, compliance, technology, investment business development, human resources, marketing, and finance.


Prior to this appointment, Mr. Morrison served as president of Asset Management’s Fixed-Income division, a role he held since 2011. Prior to that, Mr. Morrison was in a senior role at Fidelity overseeing several strategic projects for the company. From 2004 to 2009, he served as president of Fidelity’s Money Market division and, from 2002 to 2004, he served as head of Fidelity’s Bond division.


Mr. Morrison joined Fidelity as a corporate bond analyst in 1987. He began managing Trust accounts in 1990 and was promoted to a vice president of Fidelity Management Trust Company in 1992. During this time, he was responsible for managing a variety of short-term, as well as broad-market, bond portfolios. From 1995 to 1997, he managed Fidelity Short-Term Bond Fund, Spartan Short-Term Bond Fund, and Fidelity Advisor Short Fixed Income Fund. Mr. Morrison managed the fixed-income investments for Fidelity Asset Manager, Fidelity Asset Manager: Income, Fidelity Asset Manager: Aggressive, Fidelity Asset Manager: Growth, Fidelity Advisor Asset Allocation, and Fidelity Global Asset Allocation portfolios from 1996 until 2002.


Before joining Fidelity Investments, Mr. Morrison was a bond analyst with Dean Witter Reynolds in New York from 1983 to 1985.

Mr. Morrison earned his bachelor of arts degree in economics from Dartmouth College in 1983 and an MBA from Harvard Business School in 1987.

Since the formation of Oaktree in 1995, Mr. Marks has been responsible for ensuring the firm's adherence to its core investment philosophy; communicating closely with clients concerning products and strategies; and contributing his experience to big-picture decisions relating to investments and corporate direction. From 1985 until 1995, Mr. Marks led the groups at The TCW Group, Inc. that were responsible for investments in distressed debt, high yield bonds, and convertible securities. He was also Chief Investment Officer for Domestic Fixed Income at TCW.

 

Previously, Mr. Marks was with Citicorp Investment Management for 16 years, where from 1978 to 1985 he was Vice President and senior portfolio manager in charge of convertible and high yield securities. Between 1969 and 1978, he was an equity research analyst and, subsequently, Citicorp's Director of Research.

 

Mr. Marks holds a B.S.Ec. degree cum laude from the Wharton School of the University of Pennsylvania with a major in finance and an M.B.A. in accounting and marketing from the Booth School of Business of the University of Chicago, where he received the George Hay Brown Prize. He is a CFA® charterholder.

 

Mr. Marks is a member of the Investment Committees of the Metropolitan Museum of Art and the Edmund J. Safra Foundation; a Trustee of the Metropolitan Museum; Chairman of the Board of Trustees of the Royal Drawing School; and an Emeritus Trustee of the University of Pennsylvania (where from 2000 to 2010 he the chaired Investment Board).

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FIASI's 21th Annual Hall of Fame

Induction Ceremony & Dinner

Thursday, April 21st | 6:00 - 9:30 PM
The Roosevelt Hotel, Grand Ballroom | 45th Street & Madison Avenue | NYC

 

Lauren A. Nauser, Executive Director
Fixed Income Analysts Society Inc. | 244 Fifth Avenue, L230 | New York, NY 10001
Tel: 212-726-8100 | Fax: 212-591-6534 | Email:  | Web: www.fiasi.org 

Learn more about past Hall of Fame awardees!

The Fixed Income Analysts Society, founded in 1975, is a not-for-profit professional organization dedicated to the education of its membership and the fixed income community at large.  FIASI serves its members by sponsoring educational programs and workshops covering topics of current interest and presented by distinguished industry leaders. The organization also provides valuable networking and mentoring benefits for its members as well as students aspiring to careers in fixed income. At its annual Hall of Fame induction ceremony, FIASI celebrates the lifetime achievements of Fixed Income industry visionaries.

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