Ian Spreadbury's £3.5bn Fidelity MoneyBuilder Income fund has widened its remit to allow the manager to buy non-sterling corporate debt in a move to boost liquidity and performance.
Fidelity Worldwide Investment (FWI) is to expand its range of FAST funds with the launch of a US portfolio for manager Adrian Brass as it moves to create a US equity research desk that can "rival anything in London".
We are not even halfway through the year but already one of the big themes emerging for 2013 is the sheer number of prominent funds which have been soft-closed owing to capacity constraints.
Andrew Bell, chairman of the Association of Investment Companies (AIC), has warned many boards have not moved quickly enough to reduce charges on their investment trusts.
Fidelity's Peter Khan discusses his outlook for high yield bond markets.
Fidelity Worldwide Investment has cut a number of jobs across its IFA sales team, Investment Week can reveal.
Investors are boosting exposure to exchange-traded products (ETPs) in their multi-asset portfolios, driving assets under management in the vehicles to new highs.