Press release

Fidelity Partners with Three Asset Managers to Expand Offerings on FundsNetwork

HONG KONG, 8 January 2015 – Fidelity Worldwide Investment has added three fund providers, Aberdeen Asset Management, First State Investments and Investec Asset Management, to its open fund platform, FundsNetwork, which offers a broad range of funds managed by Fidelity Worldwide Investment and other asset managers. The move brings the total number of fund providers and funds offered by FundsNetwork in Hong Kong to 13 and over 220* respectively.

 

HONG KONG, 8 January 2015 - Fidelity Worldwide Investment has added three fund providers, Aberdeen Asset Management, First State Investments and Investec Asset Management, to its open fund platform, FundsNetwork, which offers a broad range of funds managed by Fidelity Worldwide Investment and other asset managers. The move brings the total number of fund providers and funds offered by FundsNetwork in Hong Kong to 13 and over 220* respectively.

 

Bruno Lee, Regional Head of Retail, Asia ex Japan at Fidelity Worldwide Investmentsaid, “As the only asset manager offering third-party funds to retail investors in Hong Kong, Fidelity Worldwide Investment is excited about the new partnership with these three fund managers. It enriches our FundsNetwork with a wider range of fund choices, which ultimately benefits our clients. A comprehensive and high-quality offering of funds is crucial in order to meet our clients’ different investment needs and risk appetite.”

 

To help customers construct their own investment portfolio within a wide range of fund choices, Fidelity Worldwide Investment issues a quarterly Select List which highlights the funds that Fidelity’s experts choose based on their quantitative and qualitative analysis.

 

Mr. Lee continues, “As one of the world’s largest asset managers with a global fund investment team, we have a dedicated team of investment professionals to conduct detailed fundamental analysis and meet with fund managers regularly. The Select List is reviewed on a quarterly basis and changed based on our ongoing assessment of the best funds available in the market place. It provides an excellent choice of funds for our customers constructing their own investment portfolio.

 

“While our Select List represents funds that our experts particularly rate, we recognise that every investor has his own investment objectives and risk appetite. Our risk assessment and investment planning tools can help them identify their individual preferences and investment aspirations,” Mr. Lee added.

 

* The 13 fund houses include: Aberdeen Asset Management, AXA Investment Managers, BNP Paribas Investment Partners, Fidelity Worldwide Investment, First State Investments, Franklin Templeton Investments, Henderson Global Investors, Investec Asset Management, Janus Capital Group, Old Mutual Global Investors, PIMCO, Robeco and Schroders Investment Management (Hong Kong) Limited. The number of funds is updated as of 15 December 2014.

 

-ENDS-

 

Notes to editors:

About Fidelity Worldwide Investment
Fidelity Worldwide Investment is an asset manager serving retail, wholesale and institutional investors in 25 countries globally outside North America. With USD $276 billion assets under management (AuM), we are one of the world's largest providers of active investment strategies and retirement solutions. Our 6,900 employees serve millions of retail clients and intermediaries such as banks, financial advisers, and insurance companies. Our more than 450 institutional clients include pension funds, life insurers, endowment funds, family offices, and sovereign wealth funds. Around 850 companies trust us with investing or administering their employees' pension assets. Investment is our only business: We have no competing financial services activities, and are focused entirely on enabling our clients to achieve their financial goals through outstanding investment solutions and service. Open-ended mutual funds, which provide investors with liquid access to all major asset classes, are the main products of Fidelity Worldwide Investment. For institutional clients we offer segregated mandates, as well as component or multi-asset solutions, and manager selection. Investors in a number of countries can also access funds of other managers through our open-architecture platforms, which currently hold USD $81 billion (AuA) of third party investment products. (Data as at 30 September 2014)

 

About Fidelity Personal Investing
Fidelity offers personal investment solutions to match personal investors’ aspirations. Central in all its solutions is an understanding of client’s goal to make the most of his wealth. Fidelity Personal Investing customers can expect to receive expert opinions and market information, complemented with personal guidance to help them navigate towards their investment objectives.

 

MEDIA CONTACT:

Kate Cheung 
Corporate Communications, Senior Manager
Tel: +852 2629 2641
Email: kate.cheung@fil.com