Stewart tweaks Skelt process to support a larger MM team

Fidelity multi-manager head plans to build team back up to 16 by end of August

Geraldine Stewart assumed responsibility for Fidelity's MultiManager Equity Income and Special Situations portfolios in September 2007. Replacing Richard Skelt as the named manager, she has marginally tweaked the vehicles, focusing high conviction funds that, when combined, provide the required level of yield and appropriate risk-adjusted returns. As head of investment for Fidelity's multi-manager business, Stewart is also responsible for leading and developing the team of portfolio analysts and the investment support functions for third-party funds. Through a series of external hires...