Global Equity Pension Funds

To help institutional clients find the most appropriate global equity strategy for their needs, Fidelity has developed a range of solutions which cover the risk/reward spectrum. Each approach reflects our firm belief that superior returns are most likely to be consistently achieved through informed research-driven stock selection decisions.
 
The manager of the Global Focus Fund is free to select any company around the world, regardless of size, industry or location. This “benchmark agnostic” approach leverages the very best ideas from both the Global Equity team and Fidelity’s global research and portfolio management resources. The manager's aim is to identify global sector themes and select the winners from each sector.
 
A second route for clients looking for worldwide exposure is our Global Growth discipline, which combines active stock selection with active regional allocation. The portfolio is made up of four regional sub-portfolios: US, Europe, Japan and Pacific  Basin (ex Japan). These sub-portfolios are combined and managed by a lead portfolio manager according to the policy determined by Fidelity’s Asset Allocation Group. Active positions relative to the benchmark are constrained at the industry, country and regional level to ensure stock selection is the key driver of active returns.
 
Clients seeking a risk-controlled solution could consider the Select Global Equities Fund. It combines an active approach with quantitative tools to control portfolio risk. The aim is to minimise undesired sources of risk against the benchmark while maintaining a stable level of tracking error.