Fidelity's international arm has hired Long Zhan away from ING Investment Management to fill the new role of head of the China business and Stuart Guinness from Prudential Asset Management for the newly created post of head of product design and development, The WSJ's Ellen Sheng reports in Friday's Fund Track column. Both posts are based in Hong Kong.

The moves are part of Fidelity International's efforts to diversify its products and boost its presence in the region, Sheng writes.

In addition, Fidelity is on the hunt to fill another senior post as part of efforts to strengthen its institutional business in Asia.  

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