Portfolio manager David Way’s Fidelity Long/Short Alternative Fund was launched in October 2020 and seeks to capture alternative sources of alpha and expand the portfolio beyond traditional mutual fund solutions. David discusses current market trends and explains how liquid alternatives may fit into a client’s portfolio. He talks about the fund’s structure - how it's designed as 130% long and 30% short. David is very much focused on North America. For example, on the short side of his fund, the focus is titled more towards the US with an average holding period of six to twelve months. David also touches upon his investing approach, which is a flexible one. With over 15 years of industry experience, he says he’s comfortable in both value and growth situations. He notes his goal is to deliver good client value and experience despite market conditions.

Recorded on February 14, 2023.

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