Financial Services Industry
Industry: Email Alert RSS FeedThe discipline of thorough research lies at the heart of new fund's success.
Financial Adviser, February, 2007
With the Isa season fast approaching, many investors are seeking to diversify assets away from traditional direct investments in single equity and bond funds. According to Richard Skelt, head of the Investment Strategies Group for Fidelity, its MultiManager Distribution fund may offer the ideal solution. The fund is a third party, multi-manager investment vehicle that invests in equity, bond and property funds managed by a number of different investment managers.
Mr Skelt, who jointly manages the fund for Fidelity with Simon Mungall, explained it aims to achieve a combination of income and long-term capital growth by investing in a dynamic range of underlying investment funds focused in areas such as real estate investment trusts, commercial property, European...
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