Fidelity's McQuaker to stand down from multi-asset range management

In his place, lead manager of the Fidelity Multi Asset Allocator range and co-portfolio manager of the firm's multi-asset income range Chris Forgan will become lead portfolio manager of the Open funds. He will be assisted by co-portfolio manager Charlotte Harington, and supported by McQuaker who will work closely with the team until the end of 2019 to ensure a smooth transition. At the beginning of this year, Fidelity merged its Multi Asset fund range into its Multi Asset Open range under the management of McQuaker. The Open range consists of five funds of varying risk catego...