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fidelity

Fidelity International raises $700 million in its first China bond mutual fund

November 23, 2023 by Reuters

SHANGHAI/SINGAPORE (Reuters) -Fidelity International has garnered 5 billion yuan ($700 million) from investors for its first fixed income mutual fund in China, deepening the asset … Read more

Categories In the News

Anne Richards steps down as Fidelity International CEO

November 20, 2023 by Reuters
Anne richards steps down as fidelity international ceo - photo licensed by shore news network.

(Reuters) – Asset manager Fidelity International announced on Monday that Anne Richards has stepped down as chief executive officer after five years and will become … Read more

Categories In the News

Fidelity rolls out suite of new ETFs, slashes fees

November 13, 2023November 13, 2023 by Reuters
Fidelity rolls out suite of new etfs, slashes fees - photo licensed by shore news network.

By Suzanne McGee (Reuters) – Fidelity launched a group of six new exchange-traded funds (ETFs) Monday and announced sharp reductions on management fees on nearly … Read more

Categories In the News

Fidelity Investments to expand workforce by 4,000 in first half of 2023

February 16, 2023 by Reuters
Fidelity investments to expand workforce by 4,000 in first half of 2023 - photo licensed by shore news network.

(Reuters) – Fidelity Investments is planning to increase its headcount by 4,000 in the first half of this year, a spokesperson for the asset manager … Read more

Categories Business News

Fidelity marks down value of Twitter stake by 56%

December 30, 2022 by Reuters
Fidelity marks down value of twitter stake by 56% - photo licensed by shore news network.

(Reuters) – Fidelity funds slashed the value of their Twitter stake by 56% in November, according to a monthly disclosure by the investment firm released … Read more

Categories Business News

Cleerly raises nearly $200 million in fundraise led by T. Rowe Price, Fidelity

July 25, 2022 by Reuters
Cleerly raises nearly $200 million in fundraise led by t. Rowe price, fidelity - photo licensed by shore news network.

By Manya Saini (Reuters) – Cleerly, a New York-based health tech startup, has raised $192 million in a funding round led by investment firms T. … Read more

Categories Financial News

SWIFT sanctions could harm globalisation, Fidelity International says

April 27, 2022 by Reuters
Swift sanctions could harm globalisation, fidelity international says - photo licensed by shore news network.

By Elizabeth Howcroft LONDON – The West’s use of financial sanctions against Russia could risk creating parallel systems and hindering globalisation, the head of asset … Read more

Categories Financial News

Fidelity closes Emerging EMEA fund to new investors after Russia plunge

March 28, 2022 by Reuters
Fidelity closes emerging emea fund to new investors after russia plunge - photo licensed by shore news network.

LONDON – Fidelity International will temporarily close its Emerging Europe, Middle East and Africa Fund to new investors after Russia’s invasion of Ukraine caused Russian … Read more

Categories Financial News

Fidelity Investments says more than 92% of its funds have no Russian securities

March 1, 2022 by Reuters
Fidelity investments says more than 92% of its funds have no russian securities - photo licensed by shore news network.

BOSTON – Fidelity Investments on Tuesday said more than 92% of its mutual funds do not have any investment in Russian securities, as of the … Read more

Categories Financial News

Fidelity launches its first bitcoin exchange-traded product in Europe

February 18, 2022 by Reuters
Fidelity launches its first bitcoin exchange-traded product in europe - photo licensed by shore news network.

– Fidelity International has launched its first investment product that tracks bitcoin in Europe, as the British investment manager taps into rising demand for exposure … Read more

Categories Financial News
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