Clougherty pins 'record' Q1 for Fidelity on investor comms push

'Strong start' to Q2

Mike Sheen
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Fidelity's head of UK wholesale John Clougherty
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Fidelity's head of UK wholesale John Clougherty

Fidelity's "record" first quarter funds sales can be attributed to the firm’s commitment to investor communications over the course of the crisis, according to head of wholesale John Clougherty, with the firm anticipating inflow activity in Q2 after a "strong start" in April and May.

Fidelity ranked third by gross retail sales in the first quarter of the year, according to the most recent Pridham Report, bringing in £3.8bn in client capital, while the firm was sixth overall with regard...

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