Star mutual fund manager and 17-year Fidelity Investments Canada veteran Alan Radlo left the company this week, The Globe and Mail. Radlo was widely regarded as the face of Fidelity in Canada and oversaw about 25% of the fund company’s $37.5 billion in retails assets under management.
Sources said Radlo’s demeanor was increasingly at odds with Fidelity senior management. The rift led to his resignation on Monday after receiving his annual bonus, sources said. Radlo is considered a top-ranked fund manager and is expected to launch his own Canadian investment fund next year.