Fidelity Investments has hired Julie Pine as a relationship director in its London-based institutional business team. Pine will market Fidelity's institutional segregated and pooled business with pension scheme trustees and investment consultants. Pine was previously a director of business development at Henderson Global Investors. Fidelity runs over £20bn (€29.6bn) on behalf of UK institutional clients as at the end of 2003.

Hedge fund appetite strengthens