Fiduciary Trust International

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Fiduciary Trust Company International Appoints Jeffrey MacDonald Managing Director and Senior Portfolio Manager for Fixed Income

March 2013

New York, NY, March 4, 2013 - Fiduciary Trust Company International today announced the appointment of Jeffrey MacDonald, CFA, managing director and senior portfolio manager on the fixed income team. Mr. MacDonald is responsible for managing fixed income portfolios for individuals, families and institutions.

“Fiduciary Trust understands the important role that fixed income plays in the integrated wealth management approach we offer our clients,” said Ronald Sanchez, CFA, executive vice president and director of Fixed Income Strategies for Fiduciary Trust. “Jeff is a seasoned professional who brings a wealth of experience to his new role, further expanding our fixed income capabilities and resources.”

Mr. MacDonald brings more than 20 years of experience across all sectors of the global fixed income market. Prior to joining Fiduciary Trust, he served as senior portfolio manager for Cutwater Asset Management, where he oversaw a team responsible for over $15 billion in fixed income assets, and Hartford Investment Management Company, where he co-managed 40 multi-sector portfolios. Previously, Mr. MacDonald was a fixed income portfolio analyst at Wellington Management Company LLP. He began his career at Fidelity Investments. Mr. MacDonald earned his M.B.A. from Boston University and received a B.A. from Trinity College.

Fiduciary Trust Company International, a leading wealth management firm, has served individuals, families, endowments and foundations since 1931.  The firm specializes in strategic wealth planning, investment management, trust and estate services, as well as tax, custody and banking services. The firm and its subsidiaries maintain offices in New York, Miami, Los Angeles, San Mateo, Washington, D.C., Wilmington, London and Hong Kong. For more information, please visit fiduciarytrust.com.

Fiduciary Trust Company International is a wholly-owned subsidiary of Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and over $809 billion in assets under management as of January 31, 2012.  For more information, please visit franklintempleton.com.

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Fiduciary Trust Company International Appoints Jeffrey MacDonald Managing Director and Senior Portfolio Manager for Fixed Income

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