AIM Management Group has named Pat Bray senior VP and national sales manager of Fund Management Co., AIM's institutional marketing subsidiary. Bray will head up a 12-person sales staff charged with distributing the firm's institutional money market funds.

Bray joined AIM in 1990. For ten years he served Fund Management Co. as a regional sales manager and wholesaler. Two years ago, Bray moved over to AIM Distributors, AIM's retail marketing unit. There, he served as a regional sales director in the Retirement and Education Products Division.

Bray takes over for Bill Hoppe. Last November Hoppe was named director of institutional marketing for FMC. He held both positions until Bray's recent appointment.

Before joining AIM, Bray was an assistant VP at John Nuveen & Co., where he worked in both the retail and institutional divisions for seven years.

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