Gresham House Small Cap:
Gresham House has appointed former Majedie small cap specialist Richard Staveley to head its Smaller Companies team. Staveley joins the firm as Managing Director of its Strategic Public Equity Team. Staveley announced he was leaving Majedie in January 2019, having joined the firm in 2013 to run the UK Small Cap strategy within their flagship UK Equity fund.
Fidelity Multi Asset:
Bill McQuaker, the manager of the Fidelity Multi Asset Open fund range, is to step down from that role at the end of 2019; although he will remain with the firm as a strategic adviser. Chris Fogan, the lead manager of the Fidelity Multi Asset Allocator fund range and co-manager on the group’s Multi Asset Income fund range, will succeed McQuaker on the Multi Asset Open fund range, with support from Charlotte Harington as co-manager.