Manager Research
We provide detailed institutional-quality global investment manager research and fund ratings. Based in South Africa and the UK,
all members of our manager research team have over ten years of investment experience.
all members of our manager research team have over ten years of investment experience.
We have downgraded the Fidelity European Growth Fund to Tier 3. The fund had a meaningful portfolio manager change with the lead portfolio manager – Matt Siddle retiring and his co-portfolio manager – Helen Powell stepping away from the business for a time. The fund has now been handed over to Fred Sykes. He was an assistant portfolio manager on the fund from 2012 to 2017 but since then he has been managing other strategies inside Fidelity – specifically the European Dividend Growth strategy.
Overall, we feel it needs some time for things to settle and we aren’t certain at this stage if Fred will stay on the strategy long-term.
Fidelity Rating Update
28 Nov 2024