Schroders' bond manager Stuttard to join Fidelity

Ex-Schroders bond manager Jamie Stuttard is joining the London unit of US fixed income group Fidelity Management & Research.

The group, which is a subsidiary of Fidelity but a separate business from Fidelity International, is based in the US, where it caters largely to retail clients. However, Stuttard will run fixed income assets for institutional clients through its recently established London unit. He will also manage money through Pyramis Global Advisers, another arm of Fidelity's business catering to institutional clients. On his departure from Schroders, Philippe Lespinard and Wes Sparks will take over the running of Stuttard's funds. Stuttard was named manager of the ISF Euro Short Term Bond, ISF ...