Omnis Investments Limited our specialist investment management company has appointed Fidelity International as manager of its £227m Omnis European Equity Leaders Fund. The decision to appoint Fidelity follows a competitive selection process, with the mandate due to begin on 1st October 2020.
The appointment expands Omnis’ relationship with Fidelity, which currently manages the Omnis Global Emerging Markets Equity Leaders Fund and the Omnis Strategic Bond Fund.
The Omnis European Equity Leaders Fund will be managed by Sam Morse, a highly experienced portfolio manager who has had responsibility for the Fidelity European Fund since 2009 and Fidelity European Values PLC since 2011. Prior to becoming a portfolio manager, Sam spent four years as a research analyst with Fidelity, covering a range of sectors, then three years as an equity income fund manager at Fidelity. He also worked as Head of Equities and Head of UK Equities at M&G from 1997 to 2003, before re-joining Fidelity in 2004.
The decision to select a new investment manager was made as part of Omnis’ focus on delivering the best outcomes for clients and the advisers that serve them.
Our Wealth & Platform Director, Mike Morrow, said: “Following an extremely competitive selection process by Omnis, supported by Fundhouse, we are delighted to announce that Fidelity has been appointed as the manager for the Omnis European Equity Leaders Fund.
“Sam Morse is an experienced manager and our clients are now able to benefit from the long-established strategy that he uses to manage in excess of £2.5bn in Fidelity’s headline European Equities OEIC Fund.
“Our investment philosophy is to provide high quality investment solutions, which strive to achieve the results that Openwork clients expect from their investments over time. I have no doubt that Fidelity will manage the portfolio in the best interests of clients and advisers.”