Global equity fund from Fidelity

Fidelity Investments has launched a specialist global equity fund that will look at a combination of global-sector and stock-specific factors, and seek to take advantage of the impact these have on stock market returns. Brenda Reed is to manage the Fidelity Funds Global Focus fund and the best investment ideas will be selected from each global sector. It will have a relatively concentrated portfolio of 100+ stocks, with geographical exposure similar to its benchmark, the MSCI World Index. However, reference to this benchmark will form only a small part of portfolio construction and th...