American Express Financial Advisors Announces Hiring of Senior Vice President, Fixed Income Investments.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--July 19, 2002 American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. Financial Advisors Inc. (AEFA AEFA American Express Financial Advisors AEFA Asociación Española de Farmacéuticos Analistas AEFA Average Emission Factor Approach AEFA Advanced Engineering Flight Activity AEFA Fleet Replenishment Ship (Royal Navy) ), a unit of American Express Company (NYSE NYSE See: New York Stock Exchange :AXP The brand name Digital gave to its first family of Alpha-based computers. In 1998, Digital was acquired by Compaq. See Alpha. ), today announced the hiring of Michelle Keeley as senior vice president, fixed income investments. Keeley will lead AEFA's fixed income group, which includes portfolio managers, analysts and traders who support the firm's retail, institutional and alternative investment products as well as owned assets and Real Estate Loan Management business. Keeley comes to American Express from Zurich Global Assets in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of where for the past year she has been a member of the firm's senior management team and a managing director of its asset-based businesses including fixed income, equities and alternative investments. Keeley spent more than a dozen years with the firm in a number of different investment and leadership positions including membership on the fixed income senior management team, managing director of fixed income trading, portfolio manager and trader. "We are excited to have Michelle join our investment team," said Ted Truscott, chief investment officer, AEFA. "Her investment expertise and leadership qualities will be vital in helping us achieve our goals of significantly growing our assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. and being a world class asset management organization." During her tenure at Zurich Scudder Investments, Keeley played a senior role in building a single fixed income investment platform while simultaneously delivering outstanding investment results. "I am delighted to join American Express Financial Advisors and lead its fixed income group," said Keeley. "The firm's management is committed to providing clients with high quality investment products across a broad range of investment classes. I look forward to the opportunity to help lead such an outstanding organization." Keeley replaces Fred Quirsfeld, who retired in December 2001. American Express manages its U.S. investment operations from the American Express Financial headquarters in Minneapolis as well as satellite offices in Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts. The Town of Boston is an interior town of the county and one of the county's "Southtowns. and San Diego. American Express Financial Advisors' investment department, led by its chief investment officer, Ted Truscott, has more than $205 billion in assets under management. The company manages assets for individuals and institutions through more than 100 investment, insurance and savings products it manufactures and services. American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , business services, insurance and international banking. |
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