Fidelity International has rebranded its Global Communications fund as a Future Connectivity offering, as the portfolio looks to capture a "golden age of connectivity".
The newly named Fidelity Funds - Future Connectivity fund will continue to be managed by Jon Guinness and Sumant Wahi. Fidelity said the fund would continue to run a relatively concentrated portfolio of 35 to 45 stocks with high growth characteristics. Baillie Gifford backs Swedish battery cell maker as European Growth trust makes first private investment It will split stocks into three 'future connectivity' buckets: enablers, or technology firms that provide equipment and devices that power super-fast networks such as Ericsson; networks, or telecoms firms that own and operate conn...
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