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18.03 - 07:55
Fidelity platform restricts new investments into Jupiter UK Mid Cap and UK Smaller Companies
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investmentweek.co.ukAccording to a statement on Fidelity International's website, the restrictions were made «in the best interests of customers» and were effective from 23 February. Clients will still be able to redeem existing holdings under the restrictions, by selling to cash or by switching to other funds. Fidelity previously restricted new investments into Jupiter UK Mid Cap in December 2022, but the ban was later lifted. Fidelity to merge Japan Smaller Companies fund with £450m Japan strategy The new restrictions follow the departure of UK Mid Cap manager Richard Watts, who will be leaving the ...
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