Fidelity International 's multimanager business is developing a pooled...

Fidelity International's multimanager business is developing a pooled "diversified growth" strategy that would offer small and medium-sized pension plans exposure to alternative asset classes such as hedge funds and private equity along with more established equity and fixed-income investments, according to a spokeswoman who declined to be identified. Final details haven't been hammered out, but Fidelity hopes to introduce the strategy during the second quarter.