Fidelity to revamp MM team with four recruits

Akbar will join from Barclays Wealth, where she was charged with research and selection for Asia and emerging markets. Prior to that, she worked in the multi-manager team at Barclays Private Clients. The investment team, which is headed by Geraldine Stewart, will be bolstered by three new business school graduates joining as researchers. Fidelity said it expects its new-look 16-strong team to be in place by the end of August. Stewart is in charge of UK equities, with Eugene Philalithis looking after fixed income. As previously reported, Dermott Whelan joined this year from Morgan Stanle...