Dalton-Brown quits Fidelity FundsNetwork

David Dalton-Brown is to quit his position as head of Fidelity FundsNetwork, the firm has confirmed.

Dalton-Brown will "take a short break" after five years in the role before looking for a new opportunity. No date has been given as to when he will leave, but Fidelity says his departure will be imminent. The firm now plans to recruit a successor, who could come from within the business or externally. Since his arrival, he has overseen a "massive period of growth" for the retail funds platform, building assets under management to $25bn from $2bn. Most recently, he was tasked with the ambitious integration of FundsNetwork with the Funds Factory platform for defined contribution (...