View more on these topics

Fidelity taps into emerging EMEA

Fidelity is introducing an emerging Europe, Middle East and Africa fund to be managed by Nick Price.

The Luxemburg-domiciled portfolio will focus on a number of long-term investment themes, including the impact of global industrialisation, local urbanisation and natural resources.

Price says the regions have more than 80 per cent of the world’s proven oil reserves, 97 per cent of platinum reserves, 95 per cent of chromium and big reserves of other resources including iron ore, nickel, copper and gold.

The fund will not be benchmark-constrained and will typically hold between 50 and 70 stocks. It will have euro, dollar and sterling share classes. Sterling share classes have a 3.5 per cent initial charge and 1.5 per cent annual fee. Minimum investment is £1,000.

Price says: “It has an investment universe of £750bn and with low correlation to the US, Europe and UK and low inter-market correlation across the region, it offers diversification benefits and potential for significant risk-adjusted returns.

“As China and India continue to industrialise, we will see rising levels of consumption, resulting in growing demand for oil and commodities from these countries. The EMEA region will be a direct beneficiary of this trend.”

Recommended

Bankhall schedules ‘wrap of wraps’ for September

Bankhall will launch its long-awaited wrap in the second half of the year with a phased rollout due to start in September.Dubbed the “wrap of wraps” by Bankhall, it has been developed with Capita.Bankhall chief executive Peter Mann says the decision to outsource its development to an independent company has been vindicated by the FSA’s […]

When leaving presents problems

Alan Hughes, financial services associate, and Mikki Duncan, employment partner, at Bond Pearce LLP consider the implications of two recent legal case which have produced interesting rulings on contract restrictions designed to protect employers.

Managing customers in drawdown

By Lorna Blyth, Investment Marketing Manager Delivering a decent drawdown review process takes time and resources. This article looks at how you can manage drawdown clients in a more cost-effective way. Most advisers are seeing an increase in drawdown clients following pension freedoms. Often these are clients with lower fund sizes, which means advisers are […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com