Fidelity Worldwide Investment taps Irish stocks amid growth

Fidelity Worldwide Investment is trawling Ireland as the economy grows more quickly than anywhere else in the developed world.
Fidelity Worldwide Investment taps Irish stocks amid growth
Wed, 23 Dec, 2015 - 00:00
Dara Doyle

The company’s €3.83bn Special Situations Fund is investing in Irish stocks including Bank of Ireland, hotelier Dalata and home builder Cairn Homes, and tapping an economy growing about 7% this year.

The Irish stock index is among the best performers in Europe, gaining more than 28%.

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Fidelity Worldwide InvestmentStocksEconomyPlace: IrelandPlace: EuropePlace: UKPlace: LondonPlace: DublinPerson: DalataPerson: Matthew JenningsPerson: Franklin TempletonPerson: JenningsOrganisation: Fidelity Worldwide InvestmentOrganisation: Bank of IrelandOrganisation: Cairn HomesOrganisation: FidelityOrganisation: Blackstone GroupOrganisation: Fidelity fundOrganisation: MorningstarOrganisation: CairnOrganisation: Dalata
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