Introducing the Investment Managers
Claudio Ferrarese is portfolio manager at Fidelity International and has co-manager responsibility for the company’s total return franchise. He joined Fidelity in 2006 as part of the quantitative research team, where his main responsibility was portfolio construction and trade idea generation in credit, rates, FX, structured credit and credit options. Prior to joining Fidelity he worked as a structured finance analyst at Capitalia Banking Group, Rome.Fidelity International
Tim Foster is a portfolio manager of Fidelity International’s money market, inflation linked and total return bond disciplines. He joined the company in 2003 as a quantitative analyst and became a portfolio manager in 2007. Through this time he has widened his portfolio management responsibility beyond short-dated portfolios, including into corporate and inflation-linked bonds.Fidelity International
The Fund will obtain global exposure by investing at least 70% in a broad range of sterling-denominated (or hedged back to sterling) debt instruments, which may include developed and emerging market government bonds, inflation-linked bonds, investment grade and high-yield corporate bonds.
The Fund may also obtain exposure to transferable securities, money market instruments, collective investment schemes, cash, near cash and deposits. No more than 10% of the Fund will be invested in other collective investment schemes. Derivatives may be used both for investment purposes and for efficient portfolio management.