Fidelity International is calling for urgent action to address the humanitarian crisis and supply-chain risks caused by the more than 400,000 seafarers who are stranded aboard vessels and a similar number who remain ashore with little prospect for work or pay.
The London-based money manager, which oversees more than USD 600 billion, plans to write to the United Nations next week and has asked other investors to co-sign the letter. Fidelity has so far stood out among fund companies in highlighting the plight of seafarers.
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