Fidelity Worldwide Investments has rolled out an Emerging Markets Inflation Linked Bond fund, Investment Week reports. The fund was unveiled on November 16 for Andrew Weir.
The new fund, which will be registered for sale in the U.K. next year, will invest in local currency government debt in Latin America, the Middle East, Eastern Europe and Asia, for long-term inflationary pressures in emerging markets (EM). The vehicle, which will also participate in the appreciating currencies, sits alongside the £372 million Global Inflation Linked Bond fund, launched three years ago and run by the same manager.
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