People Moves
Fidelity Appoints New Fixed Income CIO

Fidelity International has appointed Andrew Wells to the new position of chief investment officer – fixed income, based in London and reporting to Michael Gordon, global head of fixed income and property. Mr Wells joined Fidelity over 10 years ago and has held a number of positions in the fixed income investment team. He is presently CIO of Asian fixed income, based in Hong Kong. Mr Gordon said: “As we increase the breadth of our fixed income product range and grow the value of the assets managed, it is critical that we have a dedicated and separate focus on managing the fixed income investment team and ensuring that we continue to have in place all the appropriate resources.”