Fidelity Worldwide Investment is seeking to introduce fixed-income products in the Australian market towards the end of next year, Financial Standard reports. The global investment management firm is in discussion with its planners on the products to be brought over from Europe. The products are likely to include government bonds, corporate or inflation-linked bonds and are expected to be high-yield. Fidelity, which manages high yield assets with dedicated products in the U.S., Europe and Asia, has $58 billion in assets under management in fixed income funds.
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