Fidelity International said it had launched the Emerging Europe, Middle East and Africa fund, which will invest in between 50 and 70 companies with operations in the EMEA region. The fund will be benchmarked against the MSCI Emerging Markets EMEA Index, but will not be limited to the countries covered by the index. The firm did not give a investment target for the fund.
Fidelity International said it had launched the Emerging Europe, Middle East and Africa fund, which will invest in between 50 and 70 companies with operations in the EMEA region. The fund will be benchmarked against the MSCI Emerging Markets EMEA Index, but will not be limited to the countries covered by the index. The firm did not give a investment target for the fund.
The fund will be managed by Fidelity’s Nick Price.