Fidelity

ON NORTH AMERICA

EUROPE

Brenda Reed, the manager of Fidelity's £334m Global Focus fund, is leaving to join a New York-based hedge fund.

Hargreaves Lansdown has added Sanjeev Shah's Fidelity Special Situations to its Wealth 150 list of recommended funds.

Fidelity has dismissed fears of a double dip and has urged investors to look beyond scare-mongering headlines and place economic figures in context.

Weak growth and falling inflation mean investors should expect more quantitative easing by the end of the year, says Fidelity's asset allocation director Trevor Greetham.

COMMENT

CHINA

Fidelity International is launching a new UK equity fund which aims to never fall more than 20% from its highest ever NAV.

LOWERING CORRELATION