Fidelity manages to gain best results in bad market

The Fidelity Funds Financial Services Fund was launched in September 2000 and, at E97m, is the largest fund in Fidelity's sector fund range. Paul Taylor is currently managing the fund. However, there are four lead analysts based in the US, Japan, Europe and Latin America. Each one takes it in turn managing the portfolio. Taylor has been managing the portfolio since May of this year. The portfolio is benchmarked to the FTSE Global Financial index and follows the sub sectors in this. This includes speciality finance, real estate, life insurance, and banks. The performance of the fu...