Fidelity hands McQuaker five-strong multi-asset Open range

Joined firm in October

Bill McQuaker is to take over management of five risk-rated vehicles in the Fidelity Multi Asset Open range, after joining the firm in October.

McQuaker joined Fidelity International as a portfolio manager last year from his position as head of multi-asset at Henderson Global Investors. In his first interview since joining the firm, McQuaker (pictured) said he will be running five funds which make up Fidelity's Open multi-asset range from 11 January. These portfolios were previously run on a team basis by Nick Peters, Eugene Philalithis and Ayesha Akbar.  Asia and emerging markets specialist Akbar will remain on the funds as co-manager "to provide continuity", while McQuaker will also be joined by assistant manager Mike Co...