Ashburton looks to Fidelity for multi-asset fund selection

South African firm Ashburton will maintain responsiblity for strategic asset allocation of the range while tactical asset allocation, including fund selection, will be the responsibility of Fidelity. Responsibility for distribution, service and client relationships will also be held with Ashburton. The range consists of funds such as the Global Growth, Balanced and Global Flexible portfolios.  Fidelity shifts to segregated mandates on multi-asset range Ashburton said it was attracted to join with Fidelity for its research capabilities and specialist knowledge. The Fidelity multi...