Fidelity

Fidelity manager discusses opportunities in the US following March market lows

Fidelity has received investor approval to merge its £30m MultiManager Distribution fund into its £127m MM Income vehicle.

Managers cite good foresight and cheap equities as reasons for outperformance

David Dalton-Brown is to quit his position as head of Fidelity FundsNetwork, the firm has confirmed.

There has been a lot of interest in corporate bond funds this year as investors have sought to make their cash work harder against a backdrop of low policy rates.

Many moons ago, I mentioned in this column my leisurely lunch one fine summer's day with Mr Ed Moisson from Lipper, during which we discussed the costs involved with fund management.

Foreign & Colonial Investment trust has appointed Simon Fraser as a non-executive director and chairman designate.

Fidelity is set to complete the final phase of its multi-manager fund rationalisation, which will result in the closure of its FundsNetwork PortfolioManager range.

Sanjeev Shah's move to add a basket of financial stocks at the height of market fear following the Lehman fall has paid off for his top-decile Fidelity Special Situations fund.

Former Fidelity multi-manager head Simon Ellis is joining Legal & General Investment Management (LGIM) as managing director of its retail business.