Fidelity Investments has increased the size and capabilities of its London fixed income office, enhancing its ability to service institutional clients through Pyramis Global Advisors as well as Fidelity’s mutual fund clients in the U.S.

In addition, Fidelity has hired James M. Stuttard as the office’s first fixed income portfolio manager. Stuttard was previously head of European and U.K. fixed income and lead portfolio manager of global credit at Schroder Investment Management Ltd.

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