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Fidelity sets up in Shoreditch for digital wealth push

Asset manager has ambitions for a digital wealth management service in the UK following the launch of a similar offering in Germany

London's Tech City district, also known as Silicon Roundabout after the nearby Old Street Roundabout, near Shoreditch
London's Tech City district, also known as Silicon Roundabout after the nearby Old Street Roundabout, near Shoreditch Photo: Getty Images

Fidelity International, the £330bn asset manager, has set up a digital hub close to London’s Silicon Roundabout to foster innovation across the company and help it launch an online wealth service in the UK.

The new office, which is occupied by Fidelity’s global digital wealth team, is shared with Colt Technology Services, the telecoms and IT services company US-based Fidelity Investments acquired in 2015. Colt moved to the building on Great Eastern Street in November 2016. Fidelity staff moved in during the summer of 2019.

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