Fidelity has appointed Hugh Prendergast from Pioneer Investments as global head of product, a newly-created role.
Previously, Prendergast spent 16 years at Pioneer in a variety of roles including head of strategic product and marketing, and head of institutional portfolio management. He joined Fidelity on 19 January...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow