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Fidelity Japanese Values portfolio manager change

31 July 2015 09:56

Fidelity Japanese Values has announced that after eight years in the role, Shinji Higaki will be stepping down as portfolio manager of the company.

He will be succeeded by Nicholas Price who will take on full responsibility for the company's portfolio on 1 September following a smooth transition period. The board thanked Higaki for his diligent management of the portfolio during his time as portfolio manager.

Price brings over 20 years' investment experience in the Japanese equity market, having joined Fidelity's Tokyo office in 1993 as a research analyst before becoming a portfolio manager in 1999.

He currently manages a number of Fidelitys Japanese funds, including the Fidelity Funds Japan Aggressive Fund which is first quartile over three and five years. Nicholas investment approach is focused on growth at a reasonable price, utilising Fidelitys extensive research capability. The board believes that his investment approach, combined with his consistent bias towards mid and small cap growth stocks, is an ideal fit for the company.

At 9:56am: (LON:FJV) Fidelity Japanese Values Plc share price was +0.38p at 84.38p

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