F&C's Anand to join Fidelity

F&C's head of European equities Paras Anand is to join Fidelity, Investment Week can reveal.

Anand is joining the firm as head of pan-European equities, working alongside fund managers including Sam Morse, who runs the group's £2.6bn Fidelity European fund. Earlier today it was announced Anand, who heads up the £166m F&C European Growth & Income fund, as well as the European Assets Trust, will be leaving F&C in six months time. Fidelity has also hired Richard Lewis, the former co-head of New Star Institutional Managers. Lewis will join at the start of November and will manage the global emerging market and global equity portfolio management teams. Both managers will rep...