Fidelity International expands global equity offering with two new strategies

Fidelity International (“Fidelity”), a global asset manager and retirement savings business, today announces the launch of two new global equity funds, the Fidelity Funds (FF) - Global Smaller Companies Fund and the FF - Global Founders Fund.

Both funds provide Fidelity International investors with access to established investment approaches developed by Fidelity Investments*, a separate U.S.-based company. Fidelity International** acts as the Management Company for the funds, while a subsidiary of Fidelity Investments serves as sub-investment manager and is responsible for the investment strategy and underlying research.

The FF Global Smaller Companies Fund aims to achieve capital growth over the long term by focusing on opportunities across the global small-cap universe, an area of the market that is often less extensively researched and can therefore offer a broad opportunity set for active investors.

Drawing on Fidelity Investments’ global research platform, supported by nearly 500 research professionals worldwide***, the Fund combines qualitative stock selection with quantitative risk management to identify opportunities across the global small-cap universe. The Fund typically holds around 125 companies and is managed by Shah Badkoubei.

The FF Global Founders Fund aims to achieve capital growth over the long term by investing in companies where a founder, their family or foundation remain closely involved in leadership or governance. The strategy is based on the philosophy that significant ownership of a business confers a positive impact on both corporate and stock market performance. Managed by portfolio manager Thomas Williams Companies , the portfolio invests in c. 40-60 attractive businesses captured in Fidelity Investments’ proprietary global database of founder-led companies.

Sanela Kevric, Head of Sales, Benelux at Fidelity International, said: “Investors are increasingly looking for differentiated ways to access global equity markets, particularly in an environment where market leadership has narrowed and portfolios are becoming more correlated. These new funds expand the range of value-add strategies available to our clients in our Luxembourg SICAV, providing unique access to Fidelity Investments’ global research capabilities and distinctive investment approaches to help investors build more resilient portfolios.”