Fidelity to merge Akbar's global funds

clock

Fidelity is planning to merge its International fund into a fund focused on global assets later this year.

The £209m fund will be incorporated into the smaller Open World fund. Ayesha Akbar (pictured) is manager on both funds.

A Fidelity spokesperson said: "If approved by investors, the merger and transfer of the existing assets to the new fund will take place in November.

"The Fidelity Open World fund invests in a wide range of global assets, while the Fidelity International fund is biased towards investments in the European Union and developed markets.

"As a fund investing in other funds, the Fidelity Open World fund provides a structure that we believe offers greater investment opportunities and prospects for positive investment outcomes, along with the additional benefit of input from third party investment managers."

The risk profile is not expected to change as a result of this merger. Akbar's co-manager on the Open World fund is currently James Bateman. 

 

More on Investment

Partner Insight: Diversification proves its worth as markets reset

Partner Insight: Diversification proves its worth as markets reset

Vanguard Europe
clock 22 December 2025 • 1 min read
Stories of the week: Franklin Templeton, SDCL, and India Growth Capital

Stories of the week: Franklin Templeton, SDCL, and India Growth Capital

The biggest stories from the world of investment and asset management this week

clock 19 December 2025 • 1 min read
Stories of the week: The FCA, Federal Reserve, and Saba Capital

Stories of the week: The FCA, Federal Reserve, and Saba Capital

The biggest stories from the world of investment and asset management this week

clock 12 December 2025 • 1 min read
Trustpilot