Fidelity adds 12 Luxembourg-listed multi-manager Sicav funds to range

Fidelity International has launched a global multi-manager business incorporating 12 Luxembourg-listed Sicav funds for investors across Europe. These include three multi-asset portfolios, designed to be core holdings and nine multi-manager, single-strategy portfolios that are specialist holdings. The core multi-asset portfolio includes the Diversified and Balanced products, which offer savers exposure to a mix of cash, bonds, equities and other asset classes. A further core fund, the Global High Income product invests in income generating assets. The specialist portfolio includes a group...