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Reports suggest region will be the latest to see fund houses scale back

Online Editor

A downturn in Chinese markets is piling even more pressure on asset managers, with Fidelity International the latest set to cut jobs in the region, 

The fund house is due to axe 16% of roles in its China fund unit, or some 20 people, according to the news agency, which cited individuals familiar with the situation.

Fidelity International job cuts set to hit China staff

Justin Cash

BlackRock

Evergrande

Abrdn

Investing

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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US law firm hires private equity specialist from key client

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