Fidelity expands its institutional business
Fidelity International has appointed Mark Vrkic as its new director, institutional business, who will be responsible for the expansion of the firm’s business into areas such as fixed income, direct property and private credit.
Vrkic, who would be based in Sydney and would report directly to Fidelity’s institutional business, Tom Connolly, joined the firm from Mercer where he had spent more than three years as head of Australian equities research.
Prior to this, he held roles in the external equities team at Aware Super, and as a portfolio manager managing global equities and alternatives portfolios at BT and Advance.
The appointment followed the recent announcement that director, institutional business, Katie Constance had made the decision to relocate with her young family back to the United Kingdom.
“Mark has extensive experience in fund manager research and multi-manager portfolio management and is a very well-regarded figure in the institutional industry. We’re delighted to have him on board and believe he will be a very strong addition to the team,” Connolly said.
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