Dalton-Brown quits Fidelity FundsNetwork

Author: Alison Swersky
Professional Adviser | 09 Oct 2009 | 13:45

Categories: Investment

david-dalton-brown-60x80-jpg

David Dalton-Brown is to quit his position as head of Fidelity FundsNetwork, the firm has confirmed.

Dalton-Brown will "take a short break" after five years in the role before looking for a new opportunity.

No date has been given as to when he will leave, but Fidelity says his departure will be imminent.

The firm now plans to recruit a successor, who could come from within the business or externally.

Since his arrival, he has overseen a "massive period of growth" for the retail funds platform, building assets under management to $25bn from $2bn.

Most recently, he was tasked with the ambitious integration of FundsNetwork with the Funds Factory platform for defined contribution (DC) pension schemes, which began earlier this year.

 

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