Fidelity is launching a global long/short portfolio as part of an expansion of the group’s Fidelity Active Strategy (FAST) fund range, Investment Week reports. The group has a range of FAST products covering the U.K., Europe and Japan. The firm recently unveiled a U.K. strategy for manager, Aruna Karunathilake. The FAST range has attracted billions in assets since launching in 2004, with FAST Europe and FAST Japan holding £2.2 billion and £428 million, respectively.

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