Fidelity International has announced a partnership with Flying Colours Investment Management Limited, which will see Fidelity create two OEIC funds for clients of Flying Colours’ advice arm.
The two funds — the Fidelity ProsperityBuild fund and the ProsperityShield fund — will be available exclusively to Flying Colours clients.
The ProsperityBuild fund draws on Fidelity’s global equity research to build a diversified portfolio of high-conviction stocks.
Meanwhile, ProsperityShield aims to provide investors with a capital preservation and low volatility strategy.
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Dennis Pellerito (pictured), head of wholesale, UK at Fidelity International said: “We are delighted to be working with FCIM on these customised products and are excited about growing our partnership in the future.
“This collaboration shows how our extensive research expertise and investment capabilities allow us to create bespoke and innovative solutions, enabling our partners to add and deliver exceptional value to their clients in a competitive marketplace.”
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Renzo Desbordes, investment director at Flying Colours Investment Management, added: “The launch of this kind of partnership with Fidelity represents a pivotal moment for Flying Colours. By aligning with a globally respected institution, we’re unlocking access to high-quality investment strategies and research capabilities that would otherwise be out of reach for individual clients.
“This collaboration not only enhances portfolio construction and diversification but also sets a new standard for innovation and value in the model portfolio service space.”
This story was written by our sister title, Portfolio Adviser
