Things are starting to get exciting at Fidelity.

The Boston Behemoth is flirting somewhat with alternative investing with a new fund it plans to launch, the Fidelity Event Driven Opportunities Fund, according to Jason Kephart at InvestmentNews.

The product will use event-driven investing, the common hedge strategy focusing on companies going through major corporate events, like a management change, a merger, restructuring, what-have, according to Kephart. 

Edited by: Tommy Fernandez


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