The new fund will offer exposure to alternative asset classes and investment strategies
Three of the funds are Fidelity's first foray into liquid alternatives
Lynds will serve as managing director, head of retail business
Three liquid alternative ETFs will be merged into identical alt investment funds
The new offering is designed to help advisors and portfolio managers lower risk
New hire recently served as senior director at KPMG Canada
Belle Kaura will chair the organization for two more years
The fund uses short positions to mitigate downside risk in equities markets
Fund focuses on environmental, social and governance criteria
The new fund seeks to offer a 5% fixed annual distribution