Fidelity Worldwide Investment has announced that John Clougherty will join as head of UK retail in June.  He will report to Hugh Mullan, UK managing director.

Clougherty joins from Aviva Investors UK Funds where he was chief executive and will be responsible for the Fidelity-branded funds business.  Prior  to that he has held senior management and sales positions at Fleming Asset Management, Merrill Lynch Investment Managers and Skandia Asset Management.

Ben Waterhouse, head of UK retail sales, will report to Clougherty and will continue to be responsible for distribution.

Source:  Fundweb.  Read full article