NEW YORK, NY--(Marketwired - Sep 23, 2014) -  Fiduciary Trust Company International, a global investment management firm serving individuals, families, endowments and foundations and an affiliate of Franklin Templeton Investments, today announced the appointment of Jeffrey MacDonald, CFA1 as Director of Fixed Income Strategies, effective immediately. Mr. MacDonald had previously been a managing director and senior portfolio manager with responsibility for the development and management of fixed income strategies at Fiduciary Trust. 

In his new role, which was previously held by Ronald Sanchez, CIO of Fiduciary Trust, Mr. MacDonald is responsible for leading Fiduciary Trust's fixed income effort. In addition to the development of fixed income policy and strategy for the firm, he also oversees Fiduciary Trust's team of dedicated fixed income professionals and manages client portfolios on behalf of individuals, families and institutions. 

"Jeff is a highly regarded fixed income professional who has made tremendous contributions since joining our firm in 2013," said Mr. Sanchez. "I've been impressed with his strategic thinking and his extensive knowledge in the fixed income space. I'm excited for Jeff as he takes on this new role and enhances our position as a premier provider of fixed income management."

Mr. MacDonald brings over 21 years of experience to his new role. Prior to joining Fiduciary Trust in 2013, Mr. MacDonald served as a senior portfolio manager and head of traditional strategies at Cutwater Asset Management where he oversaw a team of seven portfolio managers. 

About Fiduciary Trust Company International
 Fiduciary Trust Company International, a global investment management firm, has served individuals, families, endowments and foundations since 1931. With over $47 billion in assets under administration and management as of June 30, 2014, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The firm and its subsidiaries maintain offices in New York, Miami, Boca Raton, Los Angeles, San Mateo, CA, Washington, D.C., Wilmington, DE, St. Petersburg, FL, London and Hong Kong. For more information please visit fiduciarytrust.com.

Franklin Resources, Inc. (NYSE: BEN) is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 150 countries. Through specialized teams, the Company has expertise across all asset classes -- including equity, fixed income, alternative and custom solutions. The Company's more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment experience and over $922 billion in assets under management as of August 31, 2014. For more information, please visit franklintempleton.com.

Copyright © 2014. Fiduciary Trust Company International. All right reserved.

1 CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.