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Fidelity poaches Amundi’s head of equities to fill Rossi role

Fidelity has hired Amundi Asset Management’s head of equities Romain Boscher to be its new global chief investment officer, equities.


Adam Lewis

Boscher, who has been head of equites at Amundi for the last seven years, joins on 30 April and will replace Dominic Rossi at Fidelity, who announced last year he would be stepping down early this year to focus on public policy within the business.

At Fidelity, Boscher will report to Bert Grenier, global head of asset management, and he will become a member of Fidelity International’s global operating committee.

Fidelity International’s equity portfolio management teams led by Paras Anand (CIO equities, Europe), Takashi Maruyama (CIO equites, Japan), and Tim Orchard (CIO equites, Asia Pacific), will all report to Boscher, as will the global equity research function led by Henk-Jan Rikkerink.

Prior to working at Amudi, Boscher spent 11 years at Groupama, in a range of senior investment roles eventually becoming deputy CEO and CIO.

“Romain is an investor with an exceptional track record,” commented Grenier on the appointment. “He has worked at a global level, running large teams and delivering exceptional performance for many years.

“Our equities franchise is a significant part of our business and we are passionate about delivering great active returns for our clients. I am delighted to welcome someone of such calibre into the company and I know that our equities franchise will continue to thrive and develop for the benefit of our clients under his leadership.”