Fidelity launches Global Equity SMA

Staff Writer

Financial Newswire

11 June 2025

Fidelity International has sought to leverage its global research in the Australian managed accounts space with the launch of its first Global Equity separately managed account (SMA).

The company announced this week that it had joined with Australian wealth management firm Emanuel Whybourne & Loehr in the launch.

It said the product, the Fidelity Global Top 50 ex Australia Portfolio, leverages Fidelity’s research ratings globally, alongside its analysts’ top stock picks.

It typically holds 50 listed equities and is managed by a highly experienced research and portfolio management team, including Sydney-based portfolio manager, Matt Jones, and UK based portfolio managers, Hiten Savani and Daniel Swift.

The SMA will use Fidelity’s proprietary systematic investment process, which has been built on over 20 years of fundamental and quantitative research, alongside integrated risk management.

Commenting on the launch, Fidelity International head of wholesale, Australia, Lauren Jackson said the product would help solve the problem faced by many financial advisers of allocating to core global equities.

“Many financial advisers still allocate passively or use discretionary active global managers at a much higher fee within their portfolios. This SMA gives financial advisers the choice to invest in an actively managed global portfolio, maintain a lower fee structure and meet the need for a core global equities solution,” she said.

Ryan Loehr, partner at Emanuel Whybourne & Loehr (EW&L Private Wealth) said: “We created our firm so we could keep pace with the changing needs of investors, and one of the most transformative changes over that time has been an increasing shift towards alternative assets.

“Public markets still play an incredibly important role, but fee budgets are shifting away from active equity managers. Recognising this, we wanted to achieve the best of both worlds for our clients in public equities and offer a highly competitive fee structure to rival index funds, with an active overlay from a risk and quantitative perspective from one of the world’s largest investment managers, Fidelity International.”