Fidelity International has enhanced its Fidelity Active Strategy (FAST) range, Investment Week reports. The fund manager has launched the FAST U.K. fund that will be managed by Aruna Karunathilake. The long/short fund will imitate Karunathilake’s existing U.K. Aggressive fund in terms of stock selection. The vehicle’s net market exposure will be between 90-110%, with the fund holding around 40-55 long positions.
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