Fidelity International integrates private assets into its £16.9bn default investment strategy for UK-based workplace pension schemes
Fidelity International today announced plans to integrate private assets into its £16.9bn default investment strategy (FutureWise) for UK-based workplace pension schemes, via Fidelity’s first Long-Term Asset Fund (LTAF), which received regulatory approval from the UK’s Financial Conduct Authority in August.
The inclusion of the Fidelity Diversified Private Assets LTAF will provide members with diversification benefits across multiple private asset classes, through a single building block offering specialist implementation. The Fund aims to provide globally diversified private markets exposure across private equity, private credit, infrastructure, real estate and natural resources by accessing some of the best General Partners…
