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Fidelity hands CIO role to ex-Amundi equities head

Fidelity hands CIO role to ex-Amundi equities head

Fidelity International has hired a new global chief investment officer for equities to replace Dominic Rossi, the company has announced.

Romain Boscher joins the firm from Amundi Asset Management, where he served head of equities for the last seven years.

Prior to this he had spent 11 years at Groupama in a range of senior roles, culminating as deputy CEO and CIO.

Boscher will report to Fidelity’s global head of asset management, Bart Grenier, who was named in the newly-created role at the start of the year.

In addition to his global equity CIO function, Boscher will also be a member of the firm’s global operating committee. He will be based in London when he formally starts his role on April 30.

The firm’s global equity teams, which is led by Paras Anand, Takashi Maruyama and Tim Orchard, will all report to Boscher, along with the global equity research function led by Henk-Jan Rikkerink.

Commenting on the hire, Grenier said: 'Boscher is an investor with an exceptional track record. He has worked at a global level, running large teams and delivering exceptional performance for many years. 

‘Our equities franchise is a significant part of our business and we are passionate about delivering great active returns for our clients.’

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