{"id":23956,"date":"2026-04-28T11:04:10","date_gmt":"2026-04-28T11:04:10","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/23956\/"},"modified":"2026-04-28T11:04:10","modified_gmt":"2026-04-28T11:04:10","slug":"fidelity-launches-active-uk-gilt-fund","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/23956\/","title":{"rendered":"Fidelity launches active UK gilt fund"},"content":{"rendered":"<p>Fidelity International has launched the Fidelity UK Gilt fund, an actively-managed strategy to give investors exposure to the high-quality UK government bonds.<\/p>\n<p>The fund will combine the defensive profile of gilts with the returns of active management to create a core portfolio building block with high liquidity and transparency. It will focus on identifying macro themes driving growth and inflation, then translating them into high-conviction positions.<\/p>\n<p>The UK Gilt fund will aim to generate 50 basis points of gross outperformance per annum over rolling three-year periods<\/p>\n<p>The new strategy will be led by Mike Riddell, with Tim Foster and Ravin Seeneevassen serving as co-managers and supported by Fidelity\u2019s fixed income resources of quantitative analysts and research capabilities.<\/p>\n<p><a href=\"https:\/\/portfolio-adviser.com\/head-to-head-taking-stock-of-gilts\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">See also: Head to head: Taking stock of gilts<\/a><\/p>\n<p>Riddell said this launch was coming as the UK gilt market entered a \u201cmore dynamic phase\u201d.<\/p>\n<p>\u201cElevated yields, shifting rate expectations and ongoing macro uncertainty are creating pricing inefficiencies across the curve.\u201d Coupled with supply dynamics, the UK gilt market currently looks well-suited to an active approach, where managers can selectively express views, he said.<\/p>\n<p>Dennis Pellerito, head of wholesale at Fidelity, added: \u201cUK gilts are reasserting their role as a core allocation for clients navigating an uncertain macroeconomic backdrop.\u201d<\/p>\n<p>\u201cWith Mike Riddell\u2019s extensive experience in gilt investing, we believe the strategy is well-positioned to deliver both resilience and enhanced return potential for clients.\u201d<\/p>\n<p><a href=\"https:\/\/portfolio-adviser.com\/mike-riddell-on-bonds-no-sign-of-a-uk-gilts-crisis-yet\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">See also: Mike Riddell on bonds: No sign of a\u00a0UK gilts crisis (yet)<\/a><\/p>\n<p>Riddell has more than two decades of experience in bond investing, having previously served as portfolio manager at firms such as M&amp;G and Allianz before joining Fidelity.<\/p>\n","protected":false},"excerpt":{"rendered":"Fidelity International has launched the Fidelity UK Gilt fund, an actively-managed strategy to give investors exposure to the&hellip;\n","protected":false},"author":2,"featured_media":23957,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10753,10754,6117,10755,10756,5,10757,6],"class_list":{"0":"post-23956","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"tag-fidelity-international","9":"tag-fixed-income-fund","10":"tag-fund-launch","11":"tag-government-bonds","12":"tag-mike-riddell","13":"tag-uk","14":"tag-uk-gilts","15":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116482006262884283","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/23956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=23956"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/23956\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/23957"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=23956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=23956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=23956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}