Fidelity unveils head of UK wholesale
Dennis Pellerito will take over from John Clougherty in March
Dennis Pellerito will take over from John Clougherty in March
The struggling strategy is down nearly 40% over the last 12 months
While River & Mercantile’s European strategy gets an upgrade
John Clougherty will continue into 2023 to ensure a smooth transition
She replaces Susan Noble on the UK board while also being appointed to the same role in the US
Emerging market bonds, Japanese activist investing, US monetary tightening and innovation are some of the areas touched on by industry experts
Assets continue to slide as net sales hit lows not seen in over a decade
Nick Webb has been named business development manager for the southeast of England
Goro Takahashi joins the firm’s Japanese equities team
But Baillie Gifford drops out of top 10 fund groups by gross sales, according to the Pridham Report
Julie-Ann Ashcroft brings 15 years’ experience of managing money
The sector has investors scratching their heads. Is it better to sit it out or are valuations an opportunity not to be missed?