People Moves
UK Fund Manager Leaves Fund Top Performing Fund
Mark Hodges is to replace Sanjeev Shah as manager of the Fidelity UK Aggressive Fund. Mr Hodges previously ran institutional mandates for th...
Mark Hodges is to replace Sanjeev Shah as manager of the Fidelity UK Aggressive Fund. Mr Hodges previously ran institutional mandates for the group. Mr Shah is moving on to run the offshore Fidelity European Aggressive Fund. Its current manager, David Baverez, is leaving Fidelity. The UK Aggressive Fund returned 26.1 per cent in the year to 1 August 2005 and is ranked 49 out of 289 in the sector. The fund has £234 million ($418 million)under management.
