Brookfield Asset Management to invest in Fidelity Investments Canada.

Brookfield Asset Management, a private equity firm, agreed to invest in Fidelity Investments Canada, an investment firm. Financial terms were not disclosed. "Fidelity has a long history of harnessing our global resources and augmenting these with external expertise where it makes sense to bring innovative, actively managed strategies for clients. Brookfield is a respected global organization with an impressive track record in private real estate, and we are pleased to work collaboratively with them to add another tool in our toolbox, as we plan to expand our offerings and build a new private real estate market portfolio," Andrew Wells, Fidelity President and Head.