Robert Rowland, manager on Fidelity’s £116 million Japan fund, is stepping down from his role, Financial Times reports. Rowland will take a new role within the Asia Pacific team at the firm.

June-Yon Kim will take charge of both the U.K. and Luxembourg versions of the Japan fund from May 1, 2011. At present, Kim is portfolio manager for Fidelity’s Fast Japan Fund.

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