Fidelity Investments

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  1. Kansas City Police puts $45 million in Fidelity real-return fund

    trueKansas City (Mo.) Police Employees’ Retirement System invested $45 million in Fidelity Investments’ Strategic Real Return mutual fund.

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  1. Abigail Johnson succeeds father as CEO of Fidelity Investments

    trueAbigail P. Johnson has been named CEO of Fidelity Investments, effective immediately.

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  2. Fidelity Worldwide Investment fills managing director for U.K. position

    truePeter Horrell was appointed managing director of Fidelity Worldwide Investment’s U.K. business, a spokeswoman said.

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  3. HSBC outsources its DC plan assets to Fidelity

    trueHSBC, London, outsourced its £1.8 billion ($2.9 billion) in defined contribution assets to Fidelity Worldwide Investment, said Phillip Bretnall, chief operating officer at HSBC Bank Pension Trust (U.K.).

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  4. Vanguard tops in DC target-date assets

    trueFidelity still ranked No. 1 among managers of defined contribution assets in mutual funds, with $547.5 billion, up 13% from the previous survey.

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  5. SolarCity signs Fidelity as record keeper

    trueSolarCity Corp. hired Fidelity Investments as record keeper of its 401(k) plan.

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  6. Fidelity Worldwide names European fixed-income chief

    trueCharles McKenzie joined Fidelity Worldwide Investment as head of European fixed-income portfolio management.

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  7. Fidelity: Average 401(k) balance up 12.9% in last 12 months

    trueThe average account balance for participants in 401(k) plans administered by Fidelity Investments rose to $91,000 for the quarter ended June 30, the company reported Friday.

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  8. J O Hambro takes 4 from Pyramis to launch U.S. smidcap strategy

    trueThorsten Becker, Arun Daniel and Vincent Rivers have been named portfolio managers and Eric Yi has been hired as a trader at J O Hambro Capital Management, said company spokesman Tucker Hewes.

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  9. Vanguard vaults past Fidelity in total DC assets

    trueVanguard jumped past Fidelity to become the largest manager of U.S. defined contribution assets, a post Fidelity had held since 1998, Pensions & Investments' annual survey of money managers shows.

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  10. Great-West walking new path to growth

    trueGrowth of Great-West Financial's record-keeping business will be organic from now on, even though the company gobbled up J.P. Morgan's large-plan defined contribution business and merged Putnam Investments' record-keeping business into Great-West's.

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  11. Tussey decision puts question mark over other float-income suits

    trueFidelity Investments' recent victory in Tussey vs. ABB Inc. creates questions for plaintiffs in several other lawsuits alleging a similar fiduciary breach by Fidelity in its handling of float income.

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  12. Fidelity considering formation of trading venue

    trueFidelity Investments is exploring the possibility of creating a trading venue with other money managers.

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  13. SIFMA study responds to stability oversight council

    trueAs the U.S. Financial Stability Oversight Council and the Financial Stability Board in Basel consider ways to monitor risk among large money managers, the industry is trying to fill in some of the information gaps.

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