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Fidelity fixed income veteran Ian Spreadbury to retire

Fidelity fixed income veteran Ian Spreadbury to retire

Ian Spreadbury, a London-based fixed income portfolio manager at Fidelity International, is set to retire end of this year.

Spreadbury, who joined Fidelity in 1995, is responsible for managing the Fidelity Funds (Sicav) Flexible Bond fund, Fidelity Strategic Bond fund, Fidelity Short Dated Corporate Bond fund, as well as Fidelity MoneyBuilder Income fund and Fidelity Extra Income fund.

Following this, Tim Foster and Claudio Ferrarese will assume joint responsibility for the Fidelity Funds Flexible Bond fund, which is available to investors in Hong Kong and Singapore.

Meanwhile, Sajiv Vaid will step up to become the lead manager for the Fidelity MoneyBuilder Income fund and Fidelity Extra Income fund.

Vaid is a fixed income portfolio manager with over two decades of experience and has been the co-manager for the funds for three years.

He is supported by Kristian Atkinson and Citywire A-rated Peter Khan. Atkinson will co-manage the Fidelity MoneyBuilder Income fund and the Fidelity Short Dated Corporate Bond fund, while Khan will co-manage the Fidelity Extra Income fund.

Spreadbury has been integral to the growth of its fixed income team, which has seen its assets under management rise to £65 billion ($84.47 billion) as of September.

The growth has come from the success of core fixed income products such as the Fidelity MoneyBuilder Income fund, as well diversification into other areas such as emerging market debt and high yield.

Fidelity said its global fixed income team comprised of 69 investment professionals.

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Tim Foster
Tim Foster
58/137 in Bonds - Global Flexible (Performance over 3 years) Average Total Return: 9.99%
Ian Spreadbury
Ian Spreadbury
79/137 in Bonds - Global Flexible (Performance over 3 years) Average Total Return: 9.07%
Peter Khan
Peter Khan
66/157 in Bonds - Global Corporates (Performance over 1 year) Average Total Return: -1.45%
Kristian Atkinson
Kristian Atkinson
65/157 in Bonds - Global Corporates (Performance over 1 year) Average Total Return: -1.45%
Sajiv Vaid
Sajiv Vaid
59/74 in Bonds - Sterling Corporate Bond (Performance over 3 years) Average Total Return: 11.14%
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