How the Asia Pacific operation fits into a massive, global plan
With only 3 percent of total assets in the Asian markets it might seem that Fidelity Investments has limited interest in playing the volatile stocks of the Pacific Rim. Yet, some 3 percent of the world's biggest pool of investment capital - $600 bn - comes to an impressive $20 bn. That makes Fidelity one of the largest portfolio investors in Asia, almost as large as the likes of Jardine Fleming and Hongkong Bank. Besides, there is plenty of room for more expansion in a portfolio geared to
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