Tag: Fidelity Investments
Fidelity Charitable donors recommend $5.2B in grants in 2018
PROVIDENCE – Clients of Fidelity Charitable – Boston-based Fidelity Investments Inc.’s donor-advised fund manager – recommended a record $5.2 billion in grants in 2018,...
Fidelity continues to lead race to zero-fee investment products
PROVIDENCE – Boston-based Fidelity Investments is expanding its commission-free exchange-traded fund, or ETF, platform for individual investors and advisers to include more than 500...
Opinion: 401(k) millionaires club got smaller last year
NEW YORK - Fidelity Investments' quarterly data dump arrived last week, featuring loads of information about its retirement-account holders. It was eye-opening, to say...
Brokers form new stock market to take on NYSE, Nasdaq, Cboe
NEW YORK - A group of big banks and brokers is forming a new United States stock market, funneling years of frustration about how much...
Fidelity widens its lead in cash business by adding $50B
NEW YORK - Fidelity Investments is dominating a business that is thriving even as stocks and bonds struggle.
Fidelity’s money-market assets grew to $629 billion as...
Socially responsible investing gaining in popularity, especially among millennials
Some pundits say socially responsible investing is, for lack of a better term, horse pucky. If that’s true, there’s a lot of money in...
Fidelity promotes more women in wake of misconduct allegations
NEW YORK - Fidelity Investments Inc. has stepped up promotions of women in its stock-picking group, which was hit last year with sexual harassment...
Fidelity survey finds millennials don’t just live for today
PROVIDENCE – A new survey from Fidelity Investments found that millennials – those born from 1981 to 1996 – are seeking balance when it...
Fidelity starts crypto business to serve Wall Street clients
NEW YORK - Fidelity Investments is jumping into the emerging cryptocurrency arena with a new business to manage digital assets for hedge funds, family offices...
Fidelity CEO says no-fee lineup is aimed at new customers
NEW YORK - Fidelity Investments CEO Abigail Johnson said the firm’s decision to launch a series of no-fee mutual funds had a simple rationale: bring...