Fidelity is increasing their international exposure. It must be the recent strength in the international markets and the media hoopla about the falling dollar that pushed this fund behemoth to increase their international weightings in their target-date funds to 30% from 20%. But they've done more than just increase weightings in some funds.
Fidelity has also posted a "Fidelity Viewpoints" piece on their Web site regarding international investing and diversification, has increased their equity research operation by opening research offices (in London, Hong Kong and Tokyo), and has increased their global stock coverage by 40% since 2006.
So, Fidelity, it's good to see that you are on board with global investing, but how about increasing your international investment options (and weightings) in your 529 education savings plans?
Related Articles from About.com Mutual Funds:
A Primer on the Falling Dollar
International Funds and the Falling Dollar