Fidelity has appointed a new manager to its FF Asia Pacific Property Fund following its decision last year to grant the fund’s former manager Polly Kwan additional responsibilities.

Akihiko Murai takes over management of the $31 million property fund from this month, after Kwan was appointed manager of the recently launched Fidelity Asian Dividend Fund in August 2013, in addition to managing the $304 million FF Asia Pacific Dividend Fund.