Fidelity International has appointed Ilga Haubelt as its head of equities for Europe, a role in which she will lead the company’s European-based equity investment team, driving investment performance and identifying opportunities to build out new strategies to create the best outcomes for its clients.

As well, she is tasked with ensuring that sustainability principles continue to be deeply integrated into the equity investment process, in close collaboration with the company’s global investment research team.

Based in London, Haubelt joins from Newton Investment Management, where she was most recently head of equity income and senior portfolio manager. She has close to 20 years of experience in financial services, including 10 years successfully leading global equity teams. She worked for Union Investment Privatfonds and Deka Investments in Germany before moving to London in 2019. She began her asset management career with Munich Ergo Asset Management as a real estate specialist.

Haubelt’s appointment follows that of Marty Dropkin as head of equities for Asia-Pacific. Having spent the past 12 years at Fidelity in several leadership roles, Dropkin was most recently head of Asian fixed income, with management and oversight of US$25 billion of Asia fixed-income client assets. He has successfully managed equity and fixed-income teams across portfolio management, fundamental and quantitative research, and trading functions in Asia, the UK and the US.

Haubelt and Dropkin will be jointly accountable for the global direction and delivery of Fidelity’s equity business. Both report to Andrew McCaffery, global chief investment officer.

McCaffery says: “Haubelt and Dropkin’s combined depth of investment knowledge, breadth of experience and strong track-record will be invaluable as we deliver investment performance for our clients and place sustainability considerations at the heart of everything we do.”