Fidelity International named leading pan-European fund management firm by Thomson Extel

Fidelity receives prestigious award for 7th consecutive year

Fidelity International, the UK's largest mutual fund manager* has been named as the leading pan-European fund management firm in this year's Thomson Extel Awards.

Each year Thomson Extel sends out what is believed to be the largest professional survey of its kind to the worldwide financial community.

The Thomson Extel survey this year polled 1,449 buyside firms, 128 Brokerage Houses, 490 Quoted Companies and 194 of the top 200 Asset Management Firms.** Fidelity was voted the best buyside firm in 21 sectors out of a total of 31.

The winning sectors were: Aerospace and Defence, Banks, Biotechnology, Capital Goods, Chemicals, Construction, Household Products, Insurance, Luxury Goods, Media, Metals and Mining, Oil and Gas, Retailers - Food, Retailers - Non Food, Semiconductors, Software and IT Services, Speciality and Other Finance, Telco Equipment/IT Hardware, Tobacco, Transport and Utilities.

Mario Frontini, fund manager of FF Italy and FF European Aggressive Fund, also picked up a third place in the leading pan-European fund management individual category.

Nicky Richards, Chief Investment Officer, commented: "It is an outstanding accomplishment to have won this award for the 7th consecutive year".

"This award represents the continual quality of our in-house research process and the dedication of our investment professionals".

"To be considered the leading pan-European fund management firm by such a renowned survey is certainly a tribute." Fidelity International Limited ("FIL") and its subsidiary companies serve the major markets of the world by providing investment products and services to individuals and institutional investors outside the US.

The FIL Organisation manages a total of £143.0 billion of assets.

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