Why has Fidelity launched a multi-manager business?
Fidelity has been managing fund-of-funds and multi-asset class portfolios for almost 20 years. Our proven and growing reputation in this sphere of investment management has brought increasing requests from clients to bring more products to market. Many of our clients value this added service of market fund research, selection and portfolio construction, and we have the existing skills to provide such a service. Fidelity recognises the importance of offering investors a range of flexibly invested multi-manager funds that cover a broad spectrum of risk.