Hargreaves Lansdown has retained the Fidelity Sustainable MoneyBuilder Income fund on its Wealth Shortlist, despite reducing its conviction in the portfolio ahead of longstanding manager Sajiv Vaid's retirement.
Vaid announced his retirement in January, and will remain in an advisory capacity at the firm until the end of 2023, but will step down from his managerial duties at the end of next month. Fidelity platform restricts new investment into RIT Capital Partners His remaining co-manager Kris Atkinson will be promoted to lead portfolio manager following Vaid's departure, and will be joined by new co-manager, Shamil Pankhania, who joined the business at the end of January 2023. Atkinson has co-run the fund for five years, after joining Fidelity in 2000 in the investment analyst team. ...
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