Manager exits €1.3bn Fidelity sustainable EM fund

Punam Sharma steps down

Punam Sharma has stepped back from co-managing the €1.3bn Fidelity Sustainable Emerging Markets Equity fund as of 31 March, Fidelity has confirmed.

Amit Goel remains the lead portfolio manager on the fund and will continue to benefit from the wider team's experience and insights, alongside Fidelity's proprietary research coverage across global emerging markets, the asset manager said in a statement. The change will not impact the management of Fidelity's Sustainable Emerging Markets Equity fund, it added. Pridham Report: Fidelity and LGIM gain top three spot for gross and net sales in 2022 Sharma will remain at Fidelity and will increase the time spent dedicated to her role as director of research, helping to enhance the depth...