BREAKING NEWS*** Lee and Talbot step back as Fidelity managers

IFAs have been told that KC Lee and Jay Talbot are stepping down from their roles as managers of Fidelity's South East Asia and FIF Japanese funds. A letter sent to IFAs by Robin Threadgold, md of Fidelity UK distribution, says Lee - who has been with the group for 16 years - is going to concentrate on the "wider investment role within Fidelity's Asia investment team" while Talbot - who has been managed the FIF Japan fund for over five years - will turn his attentions to domestic funds. Allan Liu will work with Lee for a time and take over management on the South East Asia fund, h...