Fidelity has strengthened its multi-manager team by appointing a new Asian and emerging markets portfolio manager, Ayesha Akbar.
The addition takes the team to 12, with four more expected to be added by August.
Akbar joins from a similar role at Barclays Wealth and will report to Fidelity’s multi-manager investment head Geraldine Stewart when she starts in June.
Stewart will continue with oversight responsibility for portfolio management on the Fidelity MultiManager Growth, Distribution and Income funds, as well as being directly accountable for the Fidelity MultiManager Special Situations and Equity Income funds.
In addition, Richard Skelt will continue to have day-to-day involvement in the team, advising on asset allocation and overseeing the multi-asset funds.
“Richard Skelt and I have spent the past six months building what we consider to be a first-rate multi-manager team,” Stewart says.
“With Ayesha Akbar adding her experience to the team from June, we’re on track to have a full complement of up to 16 investment professionals by the end of August.”
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