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Fidelity Investments appoints chief investment officer

Fidelity Investments has appointed Simon Fraser as chief investment officer UK and Europe.


Fraser who will be based in London will oversee a team of 78 UK and European portfolio managers and analysts.


Previously Fraser was Fidelity&#39s CIO for Asia/Pacific in Tokyo. His replacement in Tokyo is Robert Auld formerly the investment managers CIO for South East Asia in Hong Kong.


Fidelity president Barry Bateman says: &#34One of our greatest strengths is our global investment research process. Simon&#39s extensive experience across a number of international markets will enhance our understanding of these markets and help strengthen our money management expertise for the benefit of our customers around the world.&#34

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