FIDELITY INTERNATIONAL’S REAL ESTATE BUSINESS APPOINTS EUROPEAN PORTFOLIO MANAGER
- Keith Sutton begins expansion of Real Estate team
- Aymeric de Seresin to join Fidelity International in September 2008
London, 8 July 2008– Fidelity International’s (“Fidelity”) Real Estate Business has recruited Jones Lang LaSalle (“JLL”) ‘deal-maker’ Aymeric de Seresin to support its continued expansion into European markets.
Mr de Seresin, formerly a director within JLL’s European Capital Markets Group, has 10 years experience in European real estate and will join Fidelity in September 2008. Based in London, Aymeric will cover a number of Western European markets, focusing in particular on France and Spain, and will take responsibility for acquisitions, asset management and disposals.
The appointment of Mr de Seresin signals the first of a number of top-level appointments to create a European fund management team across Fidelity’s network of European offices. The team will be led by Keith Sutton, Director of European Real Estate.
“We are delighted that Aymeric is to join Fidelity’s Real Estate Business,” commented Keith Sutton, Director of European Real Estate at Fidelity International. “His broad range of experience in Europe and his language skills will make him a very strong asset to the team. Aymeric has been focussing on the logistics sector for a number of years and his skill-set fits particularly well with our investment strategy and value-add approach.”
FIL Limited and its subsidiary companies serve the major markets of the world by providing investment products and services to individuals and institutional investors outside the US. FIL Limited manages a total of £130.4 billion of assets*.
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Notes to editors:
* Source: FIL Limited as at 31.03.08
Fidelity International Real Estate Team
Fidelity International has gathered together a highly experienced team of property fund managers and specialists under the stewardship of its Head of European Real Estate Investments Neil Cable to offer investors access to this vitally important asset class. A great deal of time and effort has gone into the construction of the team, their process and the product.
Neil Cable is Head of European Real Estate Investments. Neil joined Fidelity International in May 2006 from Standard Life Investments and has 17 years experience in pan-European real estate markets. He is a Member of the Investment Property Forum and was appointed to the EU Expert Group for Open Ended Property Funds in 2007.
Keith Sutton is Director, European Real Estate Investments. Keith joined Fidelity International in February 2007 from Generali Lend Lease (GLL) Real Estate Partners. He has 18 years experience of European markets and is also a Member of the Royal Institution of Chartered Surveyors (MRICS).
Alison Puhar is Director, UK Real Estate Investments. Alison joined Fidelity International in May 2007 from Cordea Savills. She has 16 years experience in the industry and is a member of the Investment Property Forum and Fellow of the Royal Institution of Chartered Surveyors (FRICS).
Matthew Richardson is Head of Research, European Real Estate Investments. Matthew joined Fidelity International in March 2007 and has 19 years experience in many international markets. He is a member of the Investment Property Forum and Society of Property Researchers.
Aymeric de Seresin will join Fidelity International as European Portfolio Manager in September 2008. He joins from Jones Lang LaSalle. Aymeric has 10 years experience of European property markets.
For further information, please contact:
Joanne MacklinFidelity International
020 7961 4361
07834 254959
This document and the information in it, is intended for Investment Professionals only and should not be passed to Private investors. This document may not be reproduced or circulated without prior permission. Unless otherwise stated, all views expressed are those of Fidelity International. FIL Limited was established in Bermuda nearly 40 years ago and provides asset management services to investors outside of the Americas. FIL Limited and its respective subsidiaries form the global investment management organisation that is commonly referred to as Fidelity International. Fidelity International only gives information on its own products and will not provide investment advice based on individual circumstances. Past performance is not a guide to the future. The value of investments and the level of income from them may go down as well as up and an investor may not get back the amount invested. Returns may increase or decrease as a result of currency fluctuations. If the Fund is not registered in your jurisdiction, the distribution of this document and the offering of shares may be restricted. Accordingly, it is only directed at and issued to specially selected persons such as Qualified Investment Professionalsto whom itmay lawfully be promoted. This document does not constitute an offer or solicitation in any jurisdiction in which to make such an offer or solicitation would be unlawful and should not be relied upon by persons who do not have professional experience of participating in such offers. No statements or representations made in this document are legally binding on Fidelity International or the recipient. This material has been issued FIL Investments International (FSA registered number 122170) a firm authorised and regulated by the Financial Services Authority in the UK. FIL Investments International is a member of the FIL group of companies and is registered in England and Wales under the company number 1448245. The registered address of the company is Oakhill House, 130 Tonbridge Road, Hildenborough, Tonbridge, KentTN11 9DZ, United Kingdom. Fidelity International's (UK) VAT identification number is 395 3090 35.
CI1979 (03/07/08)
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