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Fidelity hires Macquarie head of research

Fidelity hires Macquarie head of research

Fidelity International has hired former Macquarie and StatePlus head of research Richard Dinham to head client solutions and retirement.

Richard Dinham

Stepping into his new role at Fidelity International, Mr Dinham will develop solutions to service Australian institutional and wholesale clients who are leading up to and in retirement.

Prior to his appointment, he was at Macquarie Group as head of research, wealth management on a six-month contract.

Before that, he spent more than six years at StatePlus in senior roles such as head of research and chief investment officer, where he had responsibility for design and implementation of investment products.

Mr Dinham will report to Fidelity International managing director of Australia Alva Devoy, who noted the financial services industry had serviced clients’ retirement goals since compulsory super was introduced 25 years ago.

“As this group gets closer to retirement, we recognise that we need to respond by developing solutions that better suit their needs,” Ms Devoy said.

“Combining [Fidelity’s] global expertise with Richard’s local knowledge and experience allows us the opportunity to better meet the needs of our clients both now and into the future.”

As of December 31 2017, Fidelity International has US$428.4 billion assets under management and 2.3 million clients spanning across Asia Pacific, Europe, the Middle East and South America.

Mr Dinham commenced in his position on 12 March.

 

Fidelity hires Macquarie head of research
Richard Dinham
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