Mike Craft is a research analyst in the Fixed Income Division of Fidelity Management & Research Company, the investment arm of Fidelity Investments , the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans and a leading online brokerage firm. Mr. Craft focuses on transportation, tobacco, resource recovery, and higher education sectors. Mr. Craft joined Fidelity Investments in August 1997 as a senior trader in the Fixed Income Division and a few months later, he assumed the role of head trader on the Municipal Bond desk. In October 2000, he became a portfolio manager and business manager for the Fixed Income Division, responsible for managing fixed income portfolios for high net worth individuals. In October 2001, Mr. Craft became a quantitative analyst for the Taxable Money Market desk. He assumed his current position in September 2002.Prior to joining Fidelity, Mr. Craft was municipal bond strategist, senior vice president of Fixed Income Research at Lehman Brothers. His responsibilities included researching and analyzing the municipal bond market, developing forecasts of market trends, and the Lehman Brothers Municipal Bond Index. From 1987 to 1990, Mr. Craft was vice president in the Municipal Bond Department at Shearson Lehman Hutton. He was responsible for managing $11 billion commercial paper and floating rate note programs for large municipal bond issuers and marketing securities to the internal sales force and external investors. Mr. Craft began his career in financial services as an assistant trader at E.F. Hutton, responsible for administering $7 billion floating rate remarketing programs. Born in 1962, Mr. Craft received a bachelor of arts in economics and Russian studies at Amherst College in 1984 and an MBA in finance from Stern School of Business at New York University in 1994.
Like what you see? Make sure you're getting it all
Employee Benefit News provides the current awareness and insight benefit managers need to select, communicate and manage benefit programs to their employees.