UCITS Remuneration Cap proposal blocked

A political drive to extend the EU bonus cap beyond the banking sector was stopped in its tracks as the bloc’s main legislative body narrowly voted against strict curbs on retail fund managers’ pay.  In a landmark European parliament vote that will come as a great relief

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Fidelity Worldwide Investment appoints Michael Bargholz as Managing Director, Australia.

Fidelity Worldwide Investment has appointed Michael Bargholz as managing director, Australia.  He will report to Asia Pacific ex-Japan managing director Mark Talbot and takes up his new position immediately. Bargholz’s appointment follows the departure of former country head Gerard Doherty in March. Bargholz joined Fidelity in February

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