Fidelity lost its second US fund manager in less than a year after Fergus Shiel, manager of the £1.1...
Fidelity lost its second US fund manager in less than a year after Fergus Shiel, manager of the £1.1bn Fidelity American fund, resigned on Wednesday.
Shiel took over the management of the fund last September after the triple-A rated John Muresianu left the group amid rumours of a pay dispute and to set up a hedge fund boutique.
Jason Weiner takes the reins from Shiel. Although unknown in the UK retail market, Weiner has over 12 years experience with Fidelity and runs over $5bn in US retail and institutional money.
Has run Cautious Managed fund since 2011
What’s right – not what sells
Richards fires back at committee report
Available on Investcentre platform
Invested from 2006-2011