The portfolio manager for the Fidelity Japanese Values investment company has switched, with Nicholas Price having been appointed to take over from current manager Shinji Higaki.
Price will take over the full management of the portfolio on 1 September, after a transition period with Higaki. He already runs Fidelity’s Global Emerging Market Equity funds.
Price has been with Fidelity for 12 years, having started in the Tokyo office as a research analyst. He became a portfolio manager in 1999.
Fidelity Japanese Values chairman David Robins says: “Considering the coordinated pro-growth policies and the fundamental changes in corporate behaviour that are occurring, the outlook for Japanese equities is attractive.”