UK - Fidelity has appointed Paras Anand and Richard Lewis to head up its pan-European and global equities divisions.
Anand, who joins in the New Year, will manage the UK and continental European equity portfolio management teams based in London, Paris, Frankfurt and Milan. He is presently head of European equities at F&C and is lead manager of the F&C European Growth & Income fund and the European Assets Trust NV. Prior to this, he headed up Deutsche Asset Management's European equities team in New York.
Lewis joins in November and will manage the global emerging market and global equity portfolio management teams. He spent nearly a decade at New Star Asset Management up to its take-over by Henderson. He was co-head of New Star Institutional Managers, which managed $12bn in international equities for North American clients. Prior to New Star, he was CIO equities at institutional money manager WorldInvest, which was acquired by New Star.
The two newly-created positions report to chief investment officer, equities, Dominic Rossi and will be based in London.
Rossi said: "Paras and Richard are experienced investors, who also have a strong track record in managing investment teams. This blend of expertise will ensure that we are able to create the best environment for success within the core area of UK and continental European equities as well as in the major growth area of global and emerging market equity investment."
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