Fidelity loses fourth multi-manager

Fidelity has lost its fourth manager from its fund of funds team. Josef Odili, the group's lead ...

Fidelity has lost its fourth manager from its fund of funds team. Josef Odili, the group’s lead Asian multimanager, has quit to join Fortis Investments. He is the lead fund analyst on Asian High Alpha and Japan High Alpha funds, both part of Fidelity’s Luxembourg multimanager Sicav range, with around €10m in assets each. His move, at the end of this month, follows the departure of the group’s UK equity, fixed income and European equity managers Chris Ralph, Simon Mungall and Jason Collins. The trio quit last July to set up their own boutique at Resolution. Odili’s decision to move...