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.”
