(Bloomberg) -- Fidelity International Ltd. said its
U.S. and Asian high-yield funds have no U.S. subprime mortgage
investments or collateralized debt obligations.
Fidelity International, a unit of Boston-based Fidelity
Investments, the world's largest mutual-fund company, sees buying
opportunities in U.S. and Asian high-yield markets, portfolio
managers Harley Lank and Andrew Wells said in a market update
late yesterday titled ``Sub-prime or a prime opportunity?''
Read more at Bloomberg Emerging Markets News
U.S. and Asian high-yield funds have no U.S. subprime mortgage
investments or collateralized debt obligations.
Fidelity International, a unit of Boston-based Fidelity
Investments, the world's largest mutual-fund company, sees buying
opportunities in U.S. and Asian high-yield markets, portfolio
managers Harley Lank and Andrew Wells said in a market update
late yesterday titled ``Sub-prime or a prime opportunity?''
Read more at Bloomberg Emerging Markets News
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