Fidelity has signed up to the Old Mutual-backed Selestia online intermediary platform and will soon ...
Fidelity has signed up to the Old Mutual-backed Selestia online intermediary platform and will soon be followed by Henderson Global Investors. The arrangement will see Fidelity funds made available to users of the Selestia service, while the Hendersons fund range will be added before the end of the first quarter. Fidelity is the first of six notable absentee fund management groups to join the platform. The four founder members of Cofunds, Threadneedle, M&G, Jupiter and Gartmore, as well as New Star, which is tied in to an exclusive arrangement with Skandia until April, remain unsigned to Selestia.
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress