Fidelity Investments has lost two senior staff members with the departure of Charles Wall, Australian investment director, and the group’s director of sales and marketing, Jenny Josling, following a restructure late last year.
As part of the restructure, the role of investment director has been made redundant and Josling’s previous role has been split in two. Megan Unsworth has been internally promoted to head of intermediary sales, with an appointment for head of institutional sales to be announced shortly. Michael Ohlsson, who was appointed as Fidelity’s managing director last year said the changes were consistent with the Fidelity model around the world. Wall joined Fidelity in May 2002 from NRMA Asset Management, now IAG Asset Management. He took over from Michael Gordon who was promoted to Fidelity Asia Pacific chief investment officer. Gordon is now based in London.
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Investments
The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.






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