Fidelity Worldwide Investment has expanded its multi-asset range with the launch of a trio of new strategies for its multi-manager team.
Building out its Fidelity Multi Asset Open Range, the group has added the Open Defensive, Open Adventurous and Open World funds.
The new funds - headed by James Bateman, head of multi-manager and multi-asset portfolio management - sit alongside Fidelity's existing Multi Asset Open Strategic and Open Growth funds.
Ben Waterhouse, head of UK retail sales, said the new funds should make it easier for advisers to pick the right strategies for their clients.
He said: "The changes to the multi-asset and multi-manager funds are to make them a more coherent and easy to understand range.
"These changes reflect the ongoing transformation of the advisory market which sees a growth in demand for managed solutions. The multi-asset and multi-manager funds provide a variety of risk profiled solutions that are designed to meet differing investor requirements."
'Right thing to do'
£69m spent on upgrades
European fintech market 'underserved'