By Paula Aven Gladych
Fidelity Institutional is taking advantage of investors’ desire for new types of investments by launching an alternative investments
The platform will provide research, education and third-party due diligence and give clients access to a wide range of alternative investment products.
Fidelity Institutional is a division of Fidelity Investments that provides clearing, custody and investment management products to registered investment advisors, broker-dealers, family offices and banks.
Through its new platform, financial advisors and family office professionals will have access to hedge funds, private equity funds and ’40 Act mutual funds. It also will provide access to research and third-party due diligence reports through strategic alliances with leaders in the space, including CAIS, Goldman Sachs Asset Management and Morningstar.
is one of the world’s largest providers of financial services, with assets under administration of $4.4 trillion, including managed assets of $1.9 trillion, as of Sept. 30, 2013.
Originally published on BenefitsPro.com