The Globe and Mail reports in its Thursday edition that Fidelity is joining Brookfield Asset Management to offer retail investors greater access to the Canadian private real estate market, an asset class that is typically held by institutional and ultrahigh-net-worth investors. The Globe's Clare O'Hara writes that the two companies announced Wednesday they have entered into an agreement that will see Fidelity allocate a percentage of a newly created real estate portfolio -- developed and managed by Brookfield Asset Management -- to the Fidelity private investment pools, a set of funds for investors with at least $150,000. The dive into real estate assets is a first for Fidelity, which in recent years has been adding to its alternative investment business as it looks to offer Canadians more investment options that are less correlated to traditional stocks and bonds. Fidelity's Kelly Creelman said the company began adding other asset classes several years ago to begin to diversify its investment funds more broadly, such as including high-yield, floating-rate debt, emerging market debt and commodities. She said Fidelity has been re-examining what the balanced fund of the future looks like amid persistent volatility.