Fidelity hires Asia-Pacific product development head

Investment manager Fidelity International has created the post of Asia-Pacific head of product development and hired Doug Walls, formerly a senior BlackRock executive, to fill it. The move is part of Fidelity’s plan to expand its product suite for clients in Australia, Hong Kong, Japan, Korea, Singapore and Taiwan. Walls starts in the role today in Hong Kong, working closely with Mike Nikou, managing director of Fidelity International, who oversees the Asia-Pacific wholesale bus…