Latest Breaking News On - George efstathopoulos - Page 7 : comparemela.com
Citywire Selector has learned.
The fund manager had overseen the strategy with Nick Peters. A spokesperson for Fidelity confirmed that Efstathopoulos remains with the firm and continues to be a key member of the multi-asset income team. The move allows him to focus more fully on income-generating strategies.
Matthew Quaife, head of multi-asset investment management Asia, has stepped in as a co-manager on the thematic opportunities fund.
As a result, he is moving away from the Fidelity Funds - Global Multi Asset Dynamic, which he managed together with Pek Ng and Ian Samson. The firm appointed Sarah Jane Cawthray to replace Quaife on the multi-asset strategy.
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Provided by Dow Jones
By Joe Wallace and Michael Wursthorn Political unrest in Washington didn t dent the stock market s ongoing rally Thursday, with U.S. stocks climbing toward fresh records. Financial and technology stocks led Thursday s gains, pushing the S&P 500 up 1.5% and putting the broad index on pace to close at its first record of 2021. The Dow Jones Industrial Average also rose, adding 237 points to 31067, while the Nasdaq Composite jumped 2.5%, putting both of those benchmarks on track for new closing highs as well. Investors largely looked past Wednesday s violent clash between pro- Trump protesters and law enforcement in the Capitol building that left four people dead, instead focusing on what the shift of political power from Republicans to Democrats means for the market.
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