uk inflation and growth forecasts both fall
In a great day for TLAs, CPI, RPI and the IMF’s forecast for UK GDP have all dropped dramatically.
In a great day for TLAs, CPI, RPI and the IMF’s forecast for UK GDP have all dropped dramatically.
Alex Wright is to take over the management of Fidelity Special Values from Sanjeev Shah.
Fidelity FundsNetwork is to offer 50 physically-backed ETFs from 18 June in a broadening of the service that will see it add to the range throughout the year.
Fidelity European Values has been one of the best performing European funds since manager Sam Morse took over, presenting an opportunity for investors holding his open-ended equivalent, according to Winterflood Investment Trusts.
John Clougherty, Aviva Investors’ former director of UK collective investments, is to join Fidelity as its head of UK retail from 11 June.
Anthony Bolton has committed to running the Fidelity China Special Situations Investment Trust until April 2014, according to an announcement from the board this morning.
Fidelity has come out in defence of Sanjeev Shah after it removed his Special Situations Fund from the UK equity sector on its Select List of funds.
Fidelity’s Special Situations Fund has been removed from the firm’s Select List, even as Fidelity continues to recommend Artemis, BlackRock, Investec and Jupiter’s offerings in this space.
L&T Finance Limited, a subsidiary of technology, engineering and construction group Larsen and Toubro, is set to acquire Fidelity Worldwide Investments Indian mutual fund business.
Fidelity’s UK managing director Gary Shaughnessy is to depart the firm to head up Zurich’s UK Life business from June 2012.
Fidelity Worldwide Investment has launched a Global Demographics Fund, focusing on long-term trends such as population growth, the rise of new middle classes and population ageing.
Cass Business School slates fund managers for their lack of ability to outshine others when it comes to picking stocks in their own industry. They have missed the point entirely…