Starting in September and based in the London office, Mr Kochar will join the global equity team as portfolio manager of the Fidelity Global Equities Fund alongside co-portfolio manager Oliver Trimingham.

Mr Kochar joins from Columbia Threadneedle and has over 16 years’ investment experience spanning across management of US, Global and Absolute Return products. He previously managed the Threadneedle Global Extended Alpha, American Extended Alpha, American Absolute Alpha and American Select funds. Prior to his 13 plus years at Columbia Threadneedle, he worked at hedge-fund manager, North Sound Capital, and Merrill Lynch. Mr Kochar holds an MBA from Mason School of Business.

Romain Boscher, global chief investment officer, equities, Fidelity International, said: “Ashish is a welcome addition to Fidelity’s already strong global equity team. He brings rich industry experience, proven stock picking acumen, a strong track record in managing global equities and a team-based mindset that will ensure the broad experience set within the global equities team is retained and strengthened. 

The appointment follows the departure of Amit Lodha, who stepped down as portfolio manager in June to spend more time in India with his family. Mr Lodha continues to act as a consultant for Fidelity International following 17 years at the firm. 

“We would like to thank Amit for his outstanding contribution to the team and wish him all the best in his future endeavours,” Mr Boscher said.

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