Reynolds to retire

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William Reynolds, director of the fixed-income division at investment managers T Rowe Price Associates, has announced that he will retire in April after a 22-year career with the firm. As part of a planned succession, veteran bond manager Mary Miller will replace Reynolds as head of the fixed-income division.

Reynolds began his investment career in 1971 and joined T Rowe Price 10 years later. During his long tenure at the firm, he served in a number of positions, including head of the municipal

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