Fidelity Asian Values Appoints Ajinkya Dhavale as Co-Portfolio Manager to Mitigate Key Person Risk

Fidelity Asian Values has announced the appointment of Ajinkya Dhavale as co-portfolio manager, aiming to mitigate 'key person risk' within the trust's management structure. Dhavale will collaborate with Nitin Bajaj, who has served as the portfolio manager for the £448 million trust since 2015. The move comes as part of Fidelity Asian Values' strategy to bolster its investment team and enhance its resilience to potential personnel changes.

Strengthening the Portfolio Management Team

Ajinkya Dhavale brings over 12 years of experience as an equity analyst and portfolio manager at Fidelity International's Singapore office. His extensive background in Asian markets and companies aligns with Fidelity Asian Values' investment focus. By appointing Dhavale as co-portfolio manager alongside Nitin Bajaj, the trust aims to reinforce its investment process and mitigate the impact of key person risk on portfolio management.

Complementary Expertise and Experience

Dhavale's appointment complements Nitin Bajaj's tenure and expertise, fostering a collaborative approach to portfolio management. With a shared investment philosophy and complementary investment experience, Dhavale and Bajaj are poised to strengthen the trust's investment process and decision-making capabilities. Their combined knowledge of Asian markets positions Fidelity Asian Values to navigate evolving market conditions effectively.

Managing Key Person Risk

Fidelity Asian Values emphasizes that Dhavale's appointment plays a crucial role in managing key person risk within the trust's management structure. By diversifying leadership responsibilities and leveraging Dhavale's expertise, the trust aims to ensure continuity and stability in its investment approach. Dhavale's track record and alignment with Fidelity Asian Values' investment philosophy contribute to bolstering investor confidence in the trust's long-term performance.