Fidelity International has appointed Dr Ilga Haubelt as head of equities for Europe.
Based in London, Haubelt will lead the $812.8 billion investment manager’s European-based equity team.
The role will also involve her overseeing sustainability principles being integrated into the equity investment process.
Haubelt joins from Newton Investment Management, where she was most recently head of equity income and senior portfolio manager.
She has close to 20 years of experience in financial services, including ten years leading global equities teams.
She worked for Union Investment Privatfonds and Deka Investments in Germany before moving to London in 2019.
Haubelt began her asset management career with Munich Ergo Asset Management as a real estate specialist.
The appointment follows that of Marty Dropkin as head of equities, Asia Pacific at Fidelity, in July. Having spent the past 12 years at Fidelity in several leadership roles, Dropkin was most recently head of Asian fixed income, with management and oversight of $25 billion of Asia fixed income client assets.
He previously managed equities and fixed income teams across portfolio management, fundamental and quantitative research, and trading functions in Asia, the UK and the US.
Haubelt and Dropkin will be jointly accountable for the global direction and delivery of Fidelity’s equities business.
Both report to Andrew McCaffery, global chief investment officer.
McCaffery said: “Ilga and Marty’s combined depth of investment knowledge, breadth of experience and strong track record will be invaluable as we deliver investment performance for our clients and place sustainability considerations at the heart of everything we do.”
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