industry news
Fidelity's portfolio reporting process is leading to the group's products being excluded from a number of fund of funds offerings. Premier does not pick its funds, while Insight, Isis and Artemis state a perceived lack of transparency inhibits them from picking Fidelity portfolios. Fidelity issues detailed information on its portfolios once a quarter, including attribution analysis and sector reports, but many fund of funds managers feel they need more than this. Raj Hallen, fund of funds manager at Premier, said: 'It is a competitive market and there are funds that are eq...
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