(Bloomberg) -- Fidelity International Ltd., which manages $580 billion, launched its first fund to invest primarily in the high-yield debt of Asian emerging markets.
Andrew Wells, a Fidelity fund manager based in Hong Kong, said the Asian High Yield Fund aims to raise $500 million ``in a short space of time'' from investors in the region. The minimum individual investment is $2,500.
Read more at Bloomberg Bonds News
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