Fidelity hires head of equity from Barings

General-Business-People-Hire-Appointment-700x450.jpgFidelity International has hired Sonja Laud from Baring Asset Management as head of equity.

In her new role, Laud will be oversee Fidelity’s equity income investment team which manages £12bn of assets under management, including the Global Dividend and MoneyBuilder Dividend funds. She will report to Paras Anand, CIO equities, Europe at Fidelity International.

At Barings she managed multi asset portfolios and was a member of the firm’s asset allocation group. Prior to that she was a fund manager at Schroders where she managed several global, European and UK equity funds with a focus on high-dividend stocks.

Anand says: “We are delighted to attract someone of Sonja’s calibre and experience to Fidelity. Our equity income funds have become increasingly popular among our clients in recent years as they continue to search for yield in today’s low interest rate environment.”