Tony Rochte will re-join Fidelity Investments in late April to become president of a new division, Bloomberg reports.

Rochte was senior managing director, head of the intermediary business for North America at State Street Global Advisors.

At Fidelity, Rochte will run a new division focusing on specialized sector investments and report to Fidelity Management & Research Co. Jacques Perold.

Rochte was with Fidelity's institutional investments brokerage group from 1996 to 2000. He then spent six years at iShares, before joining SSgA in 2006.  

Edited by: Armie Margaret Lee


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE