Skandia Investment Group has removed RLAM from management on its £200m Corporate Bond fund, handing control of the vehicle to Fidelity.
Brenda Reed, the manager of Fidelity's £334m Global Focus fund, is leaving to join a New York-based hedge fund.
Hargreaves Lansdown has added Sanjeev Shah's Fidelity Special Situations to its Wealth 150 list of recommended funds.
Fidelity has dismissed fears of a double dip and has urged investors to look beyond scare-mongering headlines and place economic figures in context.
Weak growth and falling inflation mean investors should expect more quantitative easing by the end of the year, says Fidelity's asset allocation director Trevor Greetham.