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Fidelity suspends two Hong Kong managers

Fidelity International has suspended two of its senior fund managers based in Hong Kong for a potential breach of its code of ethics

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Fidelity International has suspended two of its senior fund managers based in Hong Kong for a potential breach of its code of ethics.
 

Fidelity declined to give the names of the managers but confirmed both have been suspended for a week while it investigates the matter.
 

A spokesperson for Fidelity said: “We can confirm two fund managers have been suspended over a potential breach of our code of ethics pending an investigation. The funds have been re-allocated to the appropriately experienced fund managers within the Asia-Pacific investment team.”
 

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