Fidelity adding managers to platform, mulls expansion

Fund house Fidelity Worldwide Investment has introduced a new scheme for retail investors on its open funds platform and plans to add at least five more managers to it by the end of this year. While this pricing scheme is for Hong Kong-based investors only, the firm continues to “explore the possibility of expanding it in other parts of Asia”, says Bruno Lee, regional head of retail for Asia ex-Japan. Fidelity announced the introduction of its SmartFund Account, allowing HK reta…