Fidelity Global Equities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fidelity International has announced the launch of four active ETFs for Australian investors after confirming the delisting of one of its existing active ETFs from the ASX.

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Lodha would continue to act as a consultant for Fidelity International following 17 years at the firm, but it is another loss for the global equities team, which lost manager of the Global Emerging Markets fund, Alex Duffy, in May. Kochar joined from Columbia Threadneedle and had over 16 years’ investment experience spanning across management of US, global and absolute return products. He previously managed the Threadneedle Global Extended Alpha, American Extended Alpha, American Absolute Alpha and American Select funds. Prior to his 13 plus years at Columbia Threadneedle, he worked at hedg...

The Australian dollar is trading at around a near three-year high of about US77.5 cents, even nudging reaching US80 cents last week, as world markets shrug off the dire economic impact of COVID-19 and the local currency follows commodity prices higher. In Australia, an economic recovery is under way. Consumer spending has risen as COVID restrictions have been eased and the unemployment rate has fallen from its 2020 highs. Business and consumer confidence have lifted and commodity prices, iron ore in particular, have soared. Along with a generally weakening US dollar, this has helped push the ...