Fidelity hires Threadneedle's Podger as Korhonen leaves

Threadneedle's head of global equities Jeremy Podger has left the company to join Fidelity and run its £1.5bn Global Special Situations fund.

Podger will take over Fidelity's Global Special Situations fund from Jorma Korhonen in March. Korhonen is leaving Fidelity and the fund will be run by Sudipto Banerji until that date. Banerji currently runs Fidelity's Global Opportunities fund. Podger has joined as a senior manager in Fidelity's global equities team and will work closely with Richard Lewis, Fidelity's recently appointed head of global equities. "The combination of Richard and Jeremy with our existing strong team creates an exceptionally talented and revitalised group in an area where we have strong ambitions to gro...