AdvisorCentral, a company jointly run by Fidelity, Putnam, Franklin Templeton and PFPC, last week launched its fund Web portal service and named Joseph Grause CEO.

Previously, Grause was president of American General Asset Management, a mutual fund group with $1.8 billion in assets under management. Before joining American General, Grause co-founded Cypress Holding Co. He has also served with Fidelity and First Data Corp.

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