Fidelity

Fidelity Worldwide Investments' global CIO for equities, Dominic Rossi, has predicted the FTSE 100 will test a new high as accommodative central banks keep monetary policy loose and rates low into 2014.

Fidelity Worldwide Investment has bought retirement solutions business Annuity Direct and its holding company Retirement Angles.

Fidelity Worldwide Investment is to significantly expand its pensions business and has appointed Richard Parking as head of retirement.

Fidelity's Teera Chanpongsang is to hand over the group's onshore Emerging Asia fund on 1 November as he prepares to take over the £2.1bn South East Asia OEIC.

Fidelity is to spend £250m across its UK platform business over the next five years as part of a plan to enhance its open architecture proposition and dominate the distribution landscape.

With the summer an increasingly distant memory, fund managers are now back at their desks and starting to navigate Q4 - that is, with a few notable exceptions.

Fidelity Worldwide Investment's Tom Stevenson has moved over to the group's personal investing business to help develop the group's direct to consumer offering.

Fidelity has launched a fund of funds investing in lesser-known portfolios as an exclusive offering for its high-net-worth (HNW) direct clients.

TECHNOLOGY

Now the world economy is recovering, market attention has moved on from competing strategies to deal with the debt crisis.