Chen to lead institutional sales for Fidelity in China

Asset manager Fidelity has hired Herman Chen from Lyxor Asset Management, a subsidiary of French bank Société Générale, to serve as its new head of institutional sales for China. Chen started at Fidelity on November 5 in Hong Kong and replaces Bin Han, who quit Fidelity this February to join Credit Suisse as head of distribution for China. Chen now has responsibility for institutional business development and client management in China, in charge of key relationships with the co…