Fidelity Worldwide Investments (FWI), which serves the UK market, is hiring a team of in-house US analysts as it prepares to sever ties with its Boston-based research arm.
Dominic Rossi (pictured), the firm’s global CIO for equities, is set to recruit a total of 17 investment professionals over the next year as FWI becomes an entirely separate entity from Fidelity Management and Research (FMR). The two groups first split apart in 1979 when Fidelity International Limited (FIL), now known as FWI, became a legal entity independent from FMR. The two businesses will soon cut their remaining ties, Investment Week understands. Consequently, FWI’s portfolio managers investing in the US market will no longer have access to analysis from the Boston team, and the ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes