Manager Jeremy Podger and multi-asset head Eugene Philalithis to retire from Fidelity

Podger, who also manages the Fidelity Funds - World fund and a range of institutional mandates, will step back from active management on 31 March 2024, but will remain in the business as a senior adviser, offering "leadership and mentorship" to investment colleagues. He brings to an end a 36-year investment career, first joining Fidelity in March 2012, following roles with Threadneedle, Investec and Saudi International Bank. Fidelity poaches HSBC manager as Sajiv Vaid retires Podger will be replaced by two as-yet-unnamed "industry veterans", who each bring roughly 20 years' industr...