Fidelity promotes more women in wake of misconduct allegations

FIDELITY INVESTMENTS has increased the number of women promoted in the company's stock picking segment following allegations of sexual harassment. / BLOOMBERG NEWS FILE PHOTO/JB REED
FIDELITY INVESTMENTS has increased the number of women promoted in the company's stock picking group following allegations of sexual harassment. / BLOOMBERG NEWS FILE PHOTO/JB REED
NEW YORK - Fidelity Investments Inc. has stepped up promotions of women in its stock-picking group, which was hit last year with sexual harassment allegations. About 30 percent of fund manager appointments in the equity unit have gone to women in 2018, the most in five years, according to an analysis by Bloomberg. Even with…

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