Fidelity's Greetham to exit

Fidelity Worldwide Investment's asset allocation director Trevor Greetham is to leave the company, Investment Week can reveal.

Greetham (pictured), who has been with Fidelity since 2006, runs fettered funds at the group as part of its multi-asset team. He is now to leave the company to seek other opportunities. The multi-asset team will continue to be headed by James Bateman, with Kevin O’Nolan and Nick Peters taking over Greetham’s fund management responsibilities as of 30 January. O'Nolan will run the passive Multi-Asset Allocator range, while Peters will take charge of the actively-managed range, which includes funds such as the £640m Multi-Asset Strategic and £570m Multi-Asset Growth portfolios. "Wh...