Giggs says he likes what he has seen from Fernandes.
He said, "Ole's signings have been good, not only as players but they are good people. Fernandes coming in has given everyone a lift, it's an exciting end to the season.
"It's early doors to be talking about the players who have come in and made an impact [such as Eric Cantona] but certainly he's off to a great start.
"He's made players around him better and has just fitted in straight away. That's always what you pray for when a new signing comes in. He looks a good guy as well, he wants to play for the club. He's exciting, when he receives the ball he will try things, if something doesn't come off he will try it again, he's brilliant to watch.
"He's given everyone a lift, the players around him, the staff, the fans. A really positive start but a long way to go yet."