Fidelity International on 30 June 2008 announced that it would launch its world-renowned, award winning, online fund platform, FundsNetworkTM in India. FundsNetworkTM will be an open architecture fund platform that will offer online a range of funds from a number of fund houses. It will help intermediaries to grow their business by allowing them to focus on customer acquisition, advice and relationship management. India will be the 5th country in the Fidelity Group to launch FundsNetworkTM, after the U.S., U.K., Germany and Taiwan. In Phase 1, Fidelity on 30 June 2008 launched the Fidelity Advisers Institute, Fidelity''s centre for excellence, for advisers.
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