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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, [4] Fidelity ...
Abigail Pierrepont Johnson [1] (born December 19, 1961) is an American billionaire businesswoman and the granddaughter of late Edward C. Johnson II, the founder of Fidelity Investments. [2] Since 2014, Johnson has been president and chief executive officer (CEO) of American investment firm Fidelity Investments (FMR), [ 3 ] and chair of its ...
Fidelity Contrafund Commingled Pool By: Fidelity Management Trust Company,as Trustee. Fidelity Destiny Portfolios: Fidelity Advisor Diversified Stock Fund. Fidelity Global Growth and Value ...
Edward Crosby Johnson II (January 19, 1898 – April 2, 1984) was an American businessman and lawyer who founded Fidelity Investments. Biography Edward Crosby Johnson II was born in Back Bay, Boston , Massachusetts, on January 19, 1898, to Samuel Johnson, a partner in the dry-goods firm C.F. Hovey and Co. and Josephine Johnson (née Forbush). [ 1 ]
John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate and philanthropist. He was the founder and chief executive of The Vanguard Group and is credited with popularizing the index fund.
Edward Crosby "Ned" Johnson III (June 29, 1930 – March 23, 2022) was an American billionaire businessman who, along with daughter Abigail Johnson, owned and ran Fidelity Investments and Fidelity International until his death in March 2022. In April 2021, his net worth was estimated at US$8.2 billion. [1]
The firm opened an investment management office in Washington, D.C., and was granted a Cayman trust company charter in 1990, and then in 1992 formed Fiduciary Trust Company International of the South, a subsidiary created by acquiring the Miami-based Trust Company of the South. This gave the firm trust powers in Florida. [20]
During the stock market crash of 1929 the fund survived an 83% loss and went on to create a second fund in 1934. By 1959, the Massachusetts Investors Trust fund had become the largest mutual fund in the United States. In 1969, MIT was reorganized as Massachusetts Financial Services (MFS) to reflect the firm's broadened scope of products and ...