MEDIA RELEASE: Fidelity International has appointed Mark Vrkic as director, institutional business, based in Sydney.
In the role, Mr Vrkic will help manage institutional client and consultant relationships, and grow Fidelity’s institutional business as the firm looks to expand into areas such as fixed income, direct property, and private credit over the coming years.
He will report to Tim Connolly, head of Fidelity’s institutional business, who says: “Mark has extensive experience in fund manager research and multi-manager portfolio management and is a very well-regarded figure in the institutional industry. We’re delighted to have him on board and believe he will be a very strong addition to the team.”
With more than 20 years of experience, Mark joins Fidelity from Mercer where he has spent the last three and a half years as head of Australian equities research. Prior to this, Mark had roles in the external equities team at Aware Super, and as a PM managing global equities and alternatives portfolios at BT and Advance. Mark holds a Graduate Diploma in Applied Finance and Investment and a Bachelor of Commerce from the University of Western Sydney. Mark is also a member of the Australian Institute of Company Directors.
Mark’s appointment follows the recent announcement that director, institutional business, Katie Constance had made the decision to relocate with her young family back to the United Kingdom. Ms Constance remains with Fidelity and will be transitioning to a role within the Sustainable Investing team based in London.
Managing Director, Alva Devoy commented: “We’re fortunate at Fidelity to have an extensive global network which enables our people to move internally and transfer to other countries and indeed teams. Thankfully this means we’re in the fortunate position to keep Katie in the family and we look forward to working with her in her new capacity within the Sustainable Team – something very dear to both our hearts.
“I’d also like to take the opportunity to welcome Mark to the team. Mark is a disciplined and motivated investment professional with demonstrated skill delivering a wide range of investment advice and portfolio solutions in a career spanning more than 20 years. His experience and passion will be hugely beneficial as we embark on the next growth stage of our business.”