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Monday, January 30, 2012 Will Ned Unload Fido's India Mutual Fund Biz? Fidelity Investments [profile] is currently in talks to unload its India mutual fund business for some $202 million, the Economic Times reports. Fidelity, which managed assets of some $1.8 billion in the region as of the end of December, reportedly may retain a small team in India that will advise investors on its India-focused offshore funds. Printed from: MFWire.com/story.asp?s=38969 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |