Fidelity hands Japan Advantage to Buffett as Slattery steps down

Buffett joined Fidelity as Japanese equity analyst in 1998, and has since managed a number of portfolios including the Fidelity Funds - Global Healthcare fund between 2000 and 2002. Based in Tokyo, he subsequently took over the Fidelity Japan Blue Chip fund in 2007. In total Buffett currently manages $1.2bn on behalf of Japanese investors. Fidelity Worldwide Investment said the investment objective of the Japan Advantage fund will remain unchanged.  The fund seeks to achieve long-term capital growth through investing in Japanese equities. "We believe that Mark's extensive exp...