Company Overview of Fidelity Investments
FMR LLC, doing business as Fidelity Investments is a privately owned investment manager. The firm also provides IRAs, 401(k) rollovers, annuities, discount brokerage services, retirement services, estate planning, wealth management, securities execution and clearance, and life insurance services to its clients. It launches and manages equity, fixed income, and balanced mutual funds for its clients. The firm invests in the public equity and fixed income markets across the globe. For its equity investments, it invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. For its fixed income investments, the firm invests in money market instruments, high yield securities, ...
82 Devonshire Street
Boston, MA 02109-3605
Founded in 1946
Key Executives for Fidelity Investments
Chairman and Chief Executive Officer
Head of Distribution Channels
President of Fixed Income Division
Managing Director and Senior Marketing Investment Strategist
Head of Defined Contribution Business Development and Executive Director
Compensation as of Fiscal Year 2013.
Fidelity Investments Key Developments
Fidelity Investments Expands Suite of Short Duration Bond Funds
Nov 12 13
Fidelity Investments announced it has expanded its line-up of short duration bond mutual funds for investors and financial advisors with the launch of three new products: Fidelity Limited Term Bond Fund, Fidelity Conservative Income Municipal Bond Fund and Fidelity Short Duration High Income Fund (Advisor and retail shares classes). The three new short duration bond funds are managed with varying degrees of credit and interest rate exposure, from primarily investment grade to below investment grade and with weighted average maturities between six months to five years. Managed by Doug McGinley, Fidelity Conservative Income Municipal Bond Fund invests in money market securities and high quality investment-grade municipal debt securities with a short duration. The fund normally maintains a dollar-weighted average maturity of one year or less. It offers a retail class (FCRDX) and an Advisor class (FMNDX). Lead managed by Robert Galusza, Fidelity Limited Term Bond Fund seeks to provide a high rate of income and is credit-oriented, investing in sectors such as corporates, commercial mortgage-backed securities, asset backed securities and Government agency mortgages, which typically offer higher yields than Treasuries and Government securities. The fund normally maintains a dollar-weighted average maturity between two and five years. Lead managed by Matt Conti, Fidelity Short Duration High Income Fund normally invests in higher quality below investment grade bonds rated BB or B. It also intends to invest in floating rate loans and investment grade corporate bonds. The fund normally maintains a dollar-weighted average maturity of three years or less.
Fidelity Management Presents at Deutsche Bank Annual Emerging Markets 2013 Conference, Oct-12-2013 01:15 PM
Oct 7 13
Fidelity Management Presents at Deutsche Bank Annual Emerging Markets 2013 Conference, Oct-12-2013 01:15 PM. Venue: U.S. Chamber of Commerce, Hall of Flags, 1615 H Street, NW, Washington, D.C. 20062-2000, District Of Columbia, United States. Speakers: Karthik Ramanathan, Senior Vice President and Director of Bonds.
Fidelity Investments Announces Retirement Transition Services Helps Pre-Retirees Shift More Confidently into Retirement
Sep 30 13
Fidelity Investments announced Retirement Transition Services, a new offering within its Plan for Life participant experience to help both employers and their pre-retiree employees navigate the complex health and wealth decisions people face as they transition into retirement, such as how to create lasting retirement income, how to claim Social Security, and how to find and pay for quality health care coverage. With approximately 8,000 Americans turning 65 each day--a common age to retire--most employers agree it's important to assist pre-retirees in the years leading up to this significant milestone. Fidelity services 3.8 million actively employed participants in workplace retirement plans ages 50 through 64. The company's pre-retiree offering pulls together its years of experience, innovative technology and guidance capabilities to support these employees at a time when they need it the most. Fidelity Retiree Income Solutions Help Translate Savings into Retirement Income After decades of working and saving for the future, shifting to taking income in retirement can be a complex proposition, both emotionally and financially. To help employees better prepare, Retirement Transition Services offers professional account management and an engaging suite of participant services and investment products to help create an income stream that will last. Help is made available to employees over the phone, through live consultations with representatives at the workplace, at 180 investor centers nationwide, and through educational workshops and on-demand webinars. The company also offers comprehensive tools including Retirement Income Planner which helps participants approaching retirement develop a plan and analyze income, expenses and assets to help identify steps they can take to best prepare. Also, Fidelity Income Strategy Evaluator(R), which helps customers identify a strategy that may meet their income needs in retirement. In addition, the guidance also helps employees determine the impact Social Security will have on their monthly income, including what age they would like to begin collecting payments.
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