What makes Fidelity well-positioned to run multi-manager funds?
Fidelity has a long association with the fund-of-funds discipline and has spent nearly 20 years testing, developing and refining a distinctive approach to the management of these funds. The launch of Fidelity MultiManager SICAV was the latest phase in this development. Our Investment Strategies Group, headed by Richard Skelt, is responsible for all of Fidelity’s MultiManager portfolios including both Fidelity-only funds of funds and third party funds of funds. Richard Skelt remains closely involved with the Fidelity MultiManager portfolios overseeing strategy, research, development, asset allocation and positioning.