Fidelity Investments expanded its separately managed accounts offerings Monday with the new Fidelity Advisor Large Cap Opportunities SMA.
Benchmarked to the S&P 500, the SMA provides firms, RIAs, and managed account platforms a quantitative approach to finding top fundamental, actively managed investment ideas from portfolios across the core, value and growth spaces.
SMA portfolio managers Tim Gannon and Michelle Hoerber seek to provide long-term capital growth by investing in a combination of high-conviction ideas from a selection of Fidelity portfolios, the company said.
The Fidelity Advisor Large Cap Opportunities SMA is available through Fidelity's managed account platform, Fidelity Managed Account Xchange (FMAX) and will also be available on the Envestnet platform this fall, Fidelity said.
