Fidelity International Launches Fund in China
Fidelity International has launched its first fund for wealthy mainland Chinese to invest. The fund is Fidelity’s first onshore and private fund and will invest in China’s nine trillion onshore bond markets. The fund will only be available to Chinese institutional and high net worth investors.
“The fund will only be available to Chinese institutional and high net worth investors.”
This year, Fidelity International became the first global asset manager to launch investment products in China through a wholly owned local subsidiary.
News Source: Reuters
About Fidelity International
Fidelity International offers world class investment solutions and retirement expertise. We are a privately owned, independent company, with the commitment and resources to provide the investment expertise, technology and service innovation needed to help our clients achieve their financial goals.
We invest USD $272 billion globally on behalf of clients in Asia-Pacific, Europe, the Middle East, and South America. Our clients range from pension funds, central banks, sovereign wealth funds, large corporates, financial institutions, insurers and wealth managers, to private individuals. In addition to asset management, we offer investment administration and guidance for employer benefit schemes, advisers and individuals in several countries. We are responsible for USD $80 billion in assets under administration.
- Origin: Boston, Massachusetts, US
- AUM: US$ 285 billion
- Employees: 7,000
Official Website: www.fidelityinternational.com
News & Media: Press Release
Updated on 8th August 2016