Royal London Asset Management (RLAM) fixed income manager Sajiv Vaid is to join Fidelity later this year, Investment Week can reveal.
Market movements are pushing Fidelity global equity manager Jeremy Podger to consider companies outside his traditional sectors as he looks further afield for value.
Are asset managers really 'too big to fail'?
Leading investment firms have told US regulators that the departure of Bill Gross from PIMCO was a "stress test" that the industry has passed.
Fidelity Asian Values manager John Lo has stepped back from running the trust after a 13-year spell in charge, to be replaced by Nitin Bajaj.
The outlook for dividend growth in the UK remains positive, underpinned by relatively low payout ratios, strong corporate balance sheets, and a steady economic recovery, which should support UK equities over the coming months.
Fund managers reveal currency plays
Fidelity has proposed an overhaul of conventional methods of comparing tracker funds' performance, saying simply looking at tracking errors can produce 'illusory' results.
Fidelity UK Personal Investing head Mark Till has left the company after three years in the role, Investment Week can reveal.
"Yes, I am a millionaire," a fund manager told me recently. He wasn't boasting, he wasn't showing off, and he is hardly what you would call the unacceptable face of capitalism.