Fidelity is launching an Asia Pacific fund for Singapore-based Anthony Srom this month.

Fidelity is launching an Asia Pacific fund for Singapore-based Anthony Srom this month.

The Fidelity Asia Pacific Opportunities fund has been run as a pilot for the past two years and will be launched for retail investment on 24 September.

It can invest across emerging and developed markets and has a concentrated portfolio of between 25 to 35 stocks.

"With an increasingly wealthier consumer base, large-scale infrastructure development and rising levels of intra-regional trade, the Asia Pacific region offers investors the opportunity for strong long-term growth," Srom said.

Srom also runs the Fidelity Asian Aggressive Sicav and has 17 years’ investment experience in Asia.

The new opportunities fund aims to outperform the MSCI Asia Pacific ex Japan. The fund’s turnover is roughly 45 per cent, meaning holdings are kept for about two years.

I have the flexibility to invest across the entire region – ranging from emerging Asia to more developed markets such as Singapore and Australia – in order to build a high conviction concentrated portfolio with each position making a meaningful difference to performance,"said Srom.

The fund’s ongoing charge figure is estimated to be 1.08 per cent.