View more on these topics

Aris Vatis to take helm on Fidelity American fund


Fidelity International has appointed Aris Vatis as the new manager of the Fidelity Investments Funds (FIF) American Fund.

Vatis, who joined Fidelity in June 2006, is replacing Jason Weiner, who steps down as fund manager after three years on 1 February 2007 to take on portfolio management responsibilities at the groups US affiliate, Fidelity Management and Research Corp (FMR).

During Weiner’s tenure the £1.45 billion fund has returned 30 per cent and is second quartile over 1 year and first quartile over 3 years.

Fidelity chief investment officer Michael Gordon says: “Aris and Jason will work closely in the next few months to ensure a smooth transition of responsibilities. Aris brings with him a wealth of experience in running both retail and institutional funds and will have the support of the global equity team, as well as access to the ideas of Fidelity’s 800 plus analysts worldwide.”
 

Recommended

Claim firm says it can double cash for clients

I must complain about the article in the December 14 edition of Money Marketing headlined, Complaining through CMC can halve compensation. The data tabled by the Association of British Insurers is, from our experience, wholly inaccurate and has been produced with no regard to what we – the UK’s biggest claim company – are experiencing […]

Mezzanine at core of VCT offer

Core Capital has introduced a double VCT offering to invest in later stage small and medium-sized unquoted UK companies using a mezzanine investment approach.

Toll routes

The industry must not be divided into two camps of fees and commission

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment