Fidelity’s head of assets allocation Trevor Greetham is planning to change his multi-asset funds’ weighting in Japan, FundWeb reports. Currently, Greetham’s holding is underweight in Japan and overweight in the U.S.
The manager had reduced his Japan holdings following the March earthquake and tsunami. Greetham runs 120 funds at Fidelity along with the £572 million Multi Asset Strategic fund, the £360 million Multi Asset Growth fund and the £29 million Multi Asset Defensive fund.
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