Fidelity turns its ‘Select 50’ list into a fund of funds

Investment firm Fidelity International is launching a new fund-of-funds based on its 'Select 50' list of recommended funds.The 'Select 50 Balanced Fund' is managed by multi-asset fund manager Ayesha Akbar and offers clients exposure to between 20 and 40 of Fidelity's top 50 recommended funds at any one time.The actively managed asset allocation will have weightings in the range of a typical glo...