Artemis Investment Management has confirmed its new chief investment officer, after the previous incumbent left after 18 months.
Paras Anand will join Artemis in early 2022.
He is currently chief investment officer for the Asia Pacific region at Fidelity International, where he has worked since 2012 when he joined as CIO for equities in Europe, moving to the Singapore-based role in 2018.
He also leads the group’s strategy on sustainability.
Anand previously spent four years as head of European equities at F&C Investment Trust.
Mark Murray, senior partner, Artemis, said:“We are delighted to have attracted such an experienced CIO.
“We all look forward to working with Paras as we continue to focus on providing active, differentiated investment solutions which meet our clients’ evolving needs.”
Anand will replace Matthew Beesley, who will leave the firm in January to join Jupiter in the same role, subject to regulatory approval.
He is in turn replacing Stephen Pearson, who announced his retirement last month after 20 years at the firm to devote more time to his interests outside of the industry.
Beesley worked for Artemis for 18 months.