Fidelity has restructured the management across its funds including the £239 million Institutional UK Index-Linked Bond and £54 million Global Diversified Institutional funds.
As part of the change, Fidelity has appointed Jeremy Church, previously co-manager of the UK Index-Linked Bond Fund, as new lead manager. However, Andy Weir will remain as a co-manager of the fund.
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Additionally, Joo Hee Lee has been appointed as co-manager on the £54 million Fidelity Global Diversified Institutional Fund alongside Eugene Philalithis.
Church, who has worked at Fidelity for over 12 years, has joined the firm initially as a junior fixed-income trader working on government bonds and rates products. Prior to this, he has spent four years at Daiwa Securities Trust and Banking.
Prior to joining Fidelity in 2006 as a portfolio manager, Joo Hee previously worked at Pioneer Investments as a quantitative fund co-manager.
Also, the restructure will see Richard Skelt now managing the Fidelity Global Fidelity Multi Asset Income, Fidelity Moneybuilder Global, Fidelity Wealthbuilder, Stanlib Global Equity, FF Euro Balanced, FF World and FF International funds as well as Teera Chanpongsong, joining as the manager of the South East Asia Fund and Alex Wright as the manager of the Special Situations Fund.
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By GlobalDataA spokeswoman for Fidelity said: "We operate a co-manager structure on the funds in our Investment Solutions Group. Eugene has been co-manager since April last year. Joo Hee joined him as of January as her experience as a portfolio manager on a range of funds focused on capital preservation is well-suited to the Fidelity Global Diversified Institutional Fund."
