​ Kelly Mainelli is leaving Columbia Management to become a Senior Portfolio Manager with Russell Investment Group, based in Tacoma, Washington. Mainelli, who ran tax-​exempt money funds at Columbia, will report to Mark Amberson, Director of Short-​Term Investments, and will manage money market and enhanced cash portfolios including securities lending cash. Russell'​s team manages approximately $​17 billion in domestic and offshore short-​term investments.

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