Fidelity Boosts Asset Allocation Team

Fidelity Investments Canada has appointed Derek Young to co-lead its Canadian asset allocation team.

Fidelity Investments Canada has appointed Derek Young to co-lead its Canadian asset allocation team. The team manages the Fidelity Canadian Asset Allocation Fund, Fidelity Dividend Fund, Fidelity Income Allocation Fund and the Fidelity Monthly Income Fund.

Young has been a Fidelity portfolio manager and CIO of the global asset allocation group for Fidelity in the U.S. Fidelity portfolio manager Geoff Stein is joining Young as the co-lead on the team. Young and Stein have replaced Bob Swanson, who is stepping down.

Click here for the release from Canada Newswire.