UK - Fidelity Investments has launched three new institutional pooled funds - the UK Multi-Manager Fund, the UK High Alpha Fund and the Pan-European Fund. The UK Multi-Manager fund, benchmarked against the FTSE All Share index, will offer clients a portfolio managed by a team - rather than by an individual fund manager - which consists of four of Fidelity's UK equity managers.
The UK High Alpha fund, also benchmarked against the FTSE All Share, is designed for investors looking for a higher risk/return strategy, said Fidelity. The fund uses an in-house model that select...
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