Morse heads £450m Fidelity fund

He replaces Anas Chakra who leaves the fund to concentrate on pan-European equity mandates. Morse first joined Fidelity International in 1990 and has 20 years of investment experience. He is not expected to make any dramatic strategy shifts when he takes over the fund. Morse, who retains his UK institutional responsibilities, takes a bottom-up approach to stock-picking with no benchmark or market capitalization constraints. His investment approach also focuses on companies which are growing their dividends. Michael Gordon, chief investment officer of Fidelity International, said:...