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Fidelity rebuilds multi-manager team

Fidelity International, one of the largest asset managers in Europe, has brought its multi-manager investment team back up to full strength after it was hit by the departure of three key staff last year to rival Resolution Asset Management.

Fidelity also said it is planning to expand the business by adding another four staff before August to take the team, which invests in other fund managers' products rather than Fidelity's own, up to 16.

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