Fidelity International opens new centre in Bengaluru, to add 800 jobs

economictimes.indiatimes.com:

Fidelity International opens its global capability centre in Bengaluru and will hire around 800 employees over the next two years. The new office will complement its current Gurugram and Mumbai offices which already host around 4,500 employees. The investment and retirement savings firm will tap into the local talent pool available in city and leverage their expertise to seize international market opportunities.

They have already started hiring for skills and capabilities across business functions, such as technology, legal, finance and accounting. Fidelity International is a part of the broader Fidelity group. Fidelity International primarily focuses on serving international clients outside the United States, whereas another arm Fidelity Investments predominantly caters to clients within the United States.

Fidelity International’s core business revolves around providing investment solutions to institutional investors and individual clients across various regions and countries. It offers a wide range of investment products and services, including mutual funds, pension funds, discretionary portfolios, and investment advisory services, according to the compoany. “The new office in Bengaluru reinforces the company’s belief around its strategic presence in the country and the talent we have here.