Clougherty to join Fidelity

Clougherty (pictured) left Aviva Investors at the end of March, where he was chief executive of the funds business, following an announcement the group would be making "organisational changes", which resulted in the loss of 160 jobs. He spent seven years at Aviva Investors and was previously UK sales director at Skandia and head of UK sales at Merrill Lynch. The hire follows a number of changes at the top of Fidelity's UK business. Gary Shaughnessy, former MD of the funds business, recently left Fidelity to become chief executive officer of insurer Zurich's UK life business. Ben...