American Century Hires Portfolio Exec

American Century Investment Services Inc. hired Joseph Gotelli as a portfolio manager in its fixed-income group.

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He will co-manage the Kansas City, Mo., asset manager's California Tax-Free Bond with Alan Kruss and Steven Permut.

Mr. Gotelli, 29, was an assistant portfolio manager for six years at Franklin Templeton Investments, where he managed several long- and short-term municipal bond portfolios.

He also oversaw the day-to-day management of tax-exempt money market fund assets.

American Century announced the hiring last week.


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