Fidelity suggests Managed definitions based on 'risk assets'

Katrina Lloyd

Fidelity has proposed new names for the IMA Managed sectors based around their total exposure to 'risk assets' not just equities.

The IMA is currently consulting with the industry on its plans to overhaul the Active, Balanced and Cautious Managed sectors. Many fund groups, including Fidelity, openly criticised the proposals, arguing...

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