Friday, January 13, 2006
Fidelity's Fortunes Flagging
Fidelity Investments is turning 60 this year, but the more important milestone might be the changes the nation's largest mutual fund company is making to restore investor confidence in some of its big-name funds after lagging returns and a stormy 2005.
Mediocre performances by Fidelity's once stellar Magellan Fund and others have enabled rivals to surpass the company in attracting new investors. Fidelity also found itself the subject of an influence-peddling investigation involving its traders.
Fidelity's Fortunes Flagging
Source: Hartford Courant
Mediocre performances by Fidelity's once stellar Magellan Fund and others have enabled rivals to surpass the company in attracting new investors. Fidelity also found itself the subject of an influence-peddling investigation involving its traders.
Fidelity's Fortunes Flagging
Source: Hartford Courant
Permalink posted by armandn @ 7:33 AM 
 |
 |  |
  |
