Fidelity hopes to mirror success of US emerging markets debt fund in UK

Fidelity International has launched a new fixed interest fund investing in global emerging market debt securities (EMD). Managed from Boston by John Carlson, the Emerging Markets Debt fund is the first of its kind run by Fidelity International. The group has run a similar portfolio in the US for over 10 years. This is the second vehicle Fidelity has brought over from the US in the space of a month, following the launch of the Global Property fund. The portfolio will typically hold between 30 and 35 securities and will be benchmarked against the JP Morgan EMBI Global Index. Carlson previou...