Fidelity Worldwide Investment, the asset manager for investors outside the US and Canada, has established a US trading capability in London, taking the service in-house having previously relied on former parent Fidelity Management and Research.

Fidelity Worldwide Investment (FIL) spun out of Fidelity Management and Research (FMR) in 1980, with the former focused on non-US and Canadian clients. Despite the split, the two continue to have a number of cooperation agreements, with FIL previously relying on FMR for trading of US equities.