Fidelity appoints portfolio manager

Fidelity International has appointed Dermott Whelan as portfolio manager in its multi-manager team. Whelan, who has spent the past 18 years at Morgan Stanley, has a 10-year investment management track record. He joins Fidelity in March and will run European equity portfolios. Whelan’s recruitment follows the hiring in September of Eugene Philalithis, a fixed-income specialist, and the appointment of Geraldine Stewart as head of investment for the Fidelity multi-manager business.