Fidelity

THE BIG QUESTION

Hargreaves Lansdown has revealed the exact details of its new clean pricing deals from leading fund groups including M&G, Newton and Schroders.

Fidelity's Personal Investing platform has moved to minimise the impact of D2C super clean fund deals on the end-investor by offering to refund the difference when funds are available more cheaply elsewhere.

THE BIG INTERVIEW

Investors have sunk nearly £35bn into underperforming funds, with Fidelity the worst offender by number of products, according to Chelsea Financial Services.

High valuations have made many wary of the UK market, but Alex Wright, manager of the Fidelity Special Situations fund, insists there are still plenty of unloved opportunities.

Antony Bolton's £610m Fidelity China Special Situations trust returned 8.42% in the three months to 31 December, compared to the MSCI China return of 1.5%, according to latest figures.

Fidelity Worldwide Investment's UK managing director Hugh Mullan is to step down in April, Investment Week can reveal.

A large proportion of funds in the IMA UK Smaller Companies sector have failed to produce alpha over the long term, amid a strong rally in small-cap stocks.

Direct-to-consumer platform Strawberry Invest has launched today, with an annual platform charge of 0.40% on the first £50,000.