FF - European Dynamic Growth: Qual Rating Issued

A manager change at Fidelity Funds - European Dynamic Growth isn't cause for alarm.

Muna Abu-Habsa | 15-04-09 | E-mail Article

We have published a new Morningstar Qualitative Rating and Research Report for Fidelity Funds - European Dynamic Growth.

"Fabio Riccelli took over in November 2008 following the departure of Trygve Toraasen, who delivered strong returns during his eight-year tenure. Riccelli is no stranger to Fidelity: he has worked at the firm for over 10 years and climbed up the analyst ranks to assume his first portfolio management stint alongside Colin Stone in December 2004. Riccelli assisted Stone for a year and was then handed a pool of assets in Stone's European Smaller Companies fund to manage. He continues to run those assets, which now account for 20% of the European Smaller Companies portfolio. We think highly of Stone and..."

The full four page pdf report can be accessed here. It is free to users of Morningstar.co.uk.

Muna Abu-Habsa is a Fund Analyst at Morningstar. She would like to hear from you but cannot give financial advice.  You can contact the author via this feedback form.
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