Fidelity's Clougherty: Why tough regulation is a balancing act but regulator must support active management

Group records best ever Q2

Fidelity International head of UK retail John Clougherty talks about the drivers behind the group's recent turnaround, how it recorded its best ever Q2 in the midst of the Brexit rout, and why the regulator needs to provide a suitable environment for active management.

Taking home the Best Global Group accolade at Investment Week's Fund Manager of the Year Awards 2016 was testament to Fidelity International's turnaround efforts over the past few years. The group was described by the judges as having "been quietly changing over the last couple of years and this has become very noticeable in terms of fund performance and fund management depth". Head of UK retail John Clougherty says the firm has been focusing its efforts on achieving stability, after a tough period for the asset manager. Fidelity's Rossi backs new PM May's executive pay crackdown ...