Columbia announces four key hires

Columbia Management Group LLC, the investment management division of Charlotte, N.C.-based Bank of America Corp., announced four appointments in its distribution and portfolio management segments.
The Boston-based unit named Jeffrey F. Peters head of institutional distribution, reporting to Michael A. Jones, president, Columbia Management.
He will be responsible for overseeing institutional sales, client service, consultant relations and international functions.
Prior to joining Columbia, Mr. Peters oversaw the international business operations at Putnam Investments.
David M. Feldman and Beth Ann Brown were named heads of intermediary distribution, also reporting to Mr. Jones.
Mr. Feldman will be responsible for all external and internal wholesale distribution of Columbia Management products through financial advisers.
Ms. Brown will serve as strategic relations executive, responsible for strategic partnering and broadening relationships with intermediary firms.
Robert K. McConnaughey was named head of equity, reporting to Colin Moore, Columbia Management chief investment officer and head of Alternative Investments.
Mr. McConnaughey joined Columbia Management in 2002 and previously served as director of Columbia Management’s Fundamental Equity Research.
Columbia Management and its affiliates managed $643.5 billion in assets as of Dec. 31.

Related Topics: Bank Of America Corp.