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Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024
125 High Street, One International Place, and the Flag of Massachusetts in the Financial District near South Station One Financial Center and nearby buildings. The Financial District also contains the headquarters of the mutual fund companies Fidelity Investments, Putnam Investments, and DWS Scudder Investments; the world headquarters for State Street Bank and Eastern Bank; accounting firms ...
In the early 1980s, the Massachusetts Port Authority designated Fidelity Investments and The Drew Company as developers of Commonwealth Pier, [3] which they transformed into the World Trade Center Boston in 1986. In 1998, Fidelity Investments and The Drew Company opened the Seaport Boston Hotel alongside the World Trade Center. [4] [5] [6]
As it enters the town of Clinton, Route 70 begins a concurrency with Route 62 which lasts for approximately 2.6 miles (4.2 km), with the last 0.3 miles (0.48 km) being a triple concurrency with Route 110 through the center of town. Once the route leaves the concurrency, it heads northward into the town of Lancaster.
The company's properties were assembled by Fidelity Investments in the 1980s; Fidelity founded the company and then sold it to the Boston Herald in 2001. Five years later, the chain was purchased by, and immediately became the largest single component of, GateHouse Media .
Although separate from Fidelity, it remained located near Fidelity's headquarters on Summer Street in Boston. It continued to manage Fidelity's passive funds as a sub-adviser, according to the Financial Times in England. [5] That year, in 2003, Fidelity Investments hired Geode Capital Management to subadvise on three Spartan equity index funds. [6]
This collaboration was MassMutual's first renewable energy investment in Europe. [77] [78] In April 2022, Massachusetts-based Fidelity Investments announced it would be the record keeping service provider of MassMutual's corporate 401K plan. [79] A total of 11,593 employees make up the company's global workforce. [80]
Today, Fidelity International handles investments for clients in Europe, Canada, EMEA and Asia, while the US-based Fidelity Management and Research handles investments for clients in the USA. In the same year that it was established, an office was opened in Tokyo, [ 4 ] followed by London in 1973, [ 5 ] Hong Kong in 1981 [ 6 ] and Taipei in 1986.