A Fidelity spokesperson said that Greetham will leave the firm to “pursue other opportunities” on 30 January.
Kevin O’Nolan and Nick Peters, who are currently assistant portfolio manager and portfolio manager respectively in Fidelity’s multi-asset range, will take over Greetham’s responsibilities.
O’Nolan will lead the firm’s multi-asset allocator offering, while Peters will assume management of the actively-managed range upon Greetham’s departure.
Fidelity said that while it is not seeking a replacement for Greetham, the multi-asset team, headed by James Bateman, will continue to function as normal and it does not expect there to be any “material impact” on the portfolios.
“The Asset Allocation Group itself will continue to function as normal, and therefore we do not expect any material impact on the management of the portfolios after his departure,” said a company spokesperson.
“While we will continue to add to the Fidelity Solutions team in line with our growth strategy, we do not intend to seek a replacement for Trevor.”
Having joined Fidelity in 2006, Greetham leaves after nine years at the firm, during which he led the defensive, strategic and growth offerings, among others.