Ex-Barclays Wealth chief Horrell to head Fidelity UK business

Fidelity Worldwide Investment has appointed Barclays Wealth boss Peter Horrell as managing director of its UK business.

Horrell, chief executive of Wealth & Investment Management at Barclays, has spent 24 years at the bank but will depart at the end of the year, it was announced in June. He will join Fidelity Worldwide Investment on 1 April 2015 to oversee the group's £70bn UK business, subject to regulatory approval. The appointment follows the departure of previous MD Hugh Mullan, as revealed by Investment Week in February. Thomas Balk, president of financial services at Fidelity Worldwide Investment, said: "Peter has the breadth of experience and talent to ensure that we complete our investment p...