Fidelity

Fidelity is continuing to trim down its range of funds ahead of RDR after announcing it intends to merge its Fidelity Portfolio fund into one of Trevor Gretham's Multi-Asset funds.

Five years on from the credit crunch which sent global stock markets into disarray and ruined many banks around the globe, including Northern Rock in the UK, the landscape for investors has changed considerably.

Fidelity has expanded Trevor Greetham's Multi Asset range of funds with the launch of a higher risk adventurous fund.

Head of FundsNework David White is to leave Fidelity after ten years with the company.

Fidelity's Sanjeev Shah has revealed a series of short positions in miners, coupled with a spate of M&A activity and a play on the banks, have lifted his fund into the top quartile in the last year.

UK INCOME

INCOME

Strategic bond fund managers Richard Hodges from LGIM and Fidelity's Ian Spreadbury both expect UK government bond yields to remain at their abnormally low levels for the foreseeable future.

Boston-based Fidelity Investments has promoted Abigail Johnson, the daughter of the firm's CEO Edward "Ned" Johnson, to head up the company's financial services business.

Fidelity Worldwide Investment has handed its £1.1bn Japan Advantage fund to Mark Buffett as Ron Slattery steps down from fund management due to family circumstances.