Fidelity Investments has launched a pair of global equity income funds: Fidelity Global Equity Income Fund -- available directly to investors -- and Fidelity Advisor Global Equity Income Fund -- available through financial advisors.

Fidelity Management & Research Company, the funds' manager, will primarily bet on income-producing securities and look to beat the MSCI All Country World Index. Ramona Persaud, a nine-year Fidelity veteran, is the funds' portfolio manager.

"In the past decade, increased volatility in the equity markets and historically low U.S. bond yields have created new challenges for many investors," stated Brian B. Hogan, president of Fidelity's Equity Group. "Against this backdrop, investor demand for income-producing equities has been growing.”

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.