About Fidelity

About Fidelity

Fidelity have been managing assets on behalf of investors in the Middle East since 1976, and we've had an office in the United Arab Emirates for 15 years.

Who we are

Fidelity International offers world class investment solutions and retirement expertise. As a privately owned, independent company, investment is our only business. We are driven by the needs of our clients, not by shareholders. Our vision is to deliver innovative client solutions for a better future.

Established in 1969 as the international arm of Fidelity Investments, which was founded in Boston in 1946, Fidelity International became independent of the US organisation in 1980, and is today owned mainly by management and members of the original founding family.

What we do

We invest USD $272.0 billion globally on behalf of clients in 25 countries across Asia-Pacific, Europe, the Middle East, and South America. Our clients range from central banks, sovereign wealth funds, large corporates, financial institutions, insurers and wealth managers, to private individuals.

In addition to asset management, we offer investment administration and guidance for employer benefit schemes, advisers and individuals in several countries. We are responsible for USD $87 billion in assets under administration.

Our Investment Philosophy & Approach

Building on active, bottom-up research, we create the competitive advantage that is able to deliver superior returns for our clients. Because markets are only semi-efficient, we act on intelligent insight:

  • We have one of the largest global research capabilities with over 400 investment professionals around the world.
  • Our portfolio managers and analysts attend more than 17,000 company meetings a year – or one every 10 minutes on average.
  • We are committed to proprietary research, with 90% of our research produced in-house.
  • Our analysts carry out their research on the ground – visiting the shop floor, speaking to customers, competitors, suppliers, and independent experts to form conviction.

This 360o perspective lets us find growth opportunities or income streams that have not been priced in by the market – allowing us to consistently add value for our clients.

How we run our business

We train many of our fund managers through our rigorous Portfolio Manager Academy programme. New portfolio managers initially manage pilot funds to test their ideas with our own money first. To our clients we offer tried and tested funds as a matter of principle.

Our portfolio managers are compensated on their long-term performance so that client and manager time horizons and interests are aligned. The same is true for our management, whose shareholdings are for the duration of their careers with the company.

Our model of private, independent ownership ensures we always act in the best interest of our clients. It provides the long-term framework enabling us to invest heavily into technology and innovation to continually improve our performance in supporting the goals of our clients.

It’s an approach that works: numerous awards around the globe recognise the consistent strong achievements of our investment and client service teams.

*Source: FIL Limited as at 30/06/2016.