Fidelity Worldwide Investment is pleased to announce the appointment of Michael Bargholz as Senior Investment Director for Australia.
With over 25 years of industry experience at leading global investment houses, Michael’s appointment further strengthens Fidelity’s Australian investment and business teams in offering market-leading investment solutions.
Michael was most recently at AllianceBernstein where he was the CEO and Managing Director of their Australian and New Zealand business for 11 years. He was responsible for bringing the unique JV with AXA Australia to fruition. Prior to that he spent over 11 years with AXA, firstly as Chief Economist and Investment Strategist and later he moved into the role of Managing Director of Funds Management.
He started his career as an economist within the Australian Treasury, based in Canberra, before moving into the private sector. Michael is a CFA charter holder and is a past Chairman of the Advisory Board of the Sydney CFA society. He also held the position of Deputy Chairman of the Financial Services Council between 2010 and 2011.
This is a new position for Fidelity’s Australian business, although Investment Directors perform a pivotal role in our investment teams in the UK, Europe and Asia, acting as an important conduit between the investment and business teams.
Michael’s primary responsibility will be to work closely with Fidelity’s equity and fixed income investment teams across the globe and aligning Fidelity’s extensive capabilities to the increasingly sophisticated needs of our existing and prospective Australian clients.
Commenting on the appointment, Managing Director, Gerard Doherty, said: “Michael has a considerable understanding of the global investment market place and the increasing needs of both wholesale and institutional clients, twinned with broad and deep investment knowledge. The combination of his experience and our existing strong investment and business teams enhances Fidelity’s ability to bring leading investment solutions to the Australian market.”
Michael Bargholz, added: “Fidelity is recognised by investment professionals around the world for its extensive research, disciplined approach to stock picking and sophisticated range of investment solutions. I am looking forward to joining the Australian business and contributing to its continuing success.”