which included salary and health-care benefits, was extended to 3,000 employees who were more than 55-years-old and had been with the company more than 10 years. At the time, Fidelity said it made the move to reduce costs and open opportunities for .
It said the move meant that "100% of its stock and bond index mutual funds and sector ETFs would have total net expenses lower than their comparable Vanguard fund". Vanguard, a rival US asset management firm with $4tn in assets under management, .
It's time for my annual look at “what's hot” in the mutual fund world. Here's a list of five mutual funds that have more than doubled the S&P 500 returns in the past 12 months, and have also beat the S&P's returns in the past three and five years.
Still, cautious fund managers from Fidelity , New Alternatives, Calvert Investments and others are scrutinizing water technology and wind power shares, which should benefit from new federal infrastructure spending and a push by states such as California .
Only four of the mutual ... green in the second quarter. This is less than half of the 81% gains scored by mutual funds in the first quarter. These losses however owed a lot to the selloff on the eve of the quarter's end. Amid the dismal numbers, Fidelity.
How else can Fidelity explain its fund inflows in January?" says Mr. O'Leary. "They're not going to come out and say the brokerage business is cannibalizing mutual funds because that sends a green light out to everybody who has Fidelity mutual funds that.
“The windiest places in the country are all red states,” said Garvin Jabusch, a manager of the Shelton Green Alpha mutual fund . And the solar industry now employs over 260,000 workers nationwide, many of them in states that have leaned Republican.
EPFR Global, an investment information provider in Cambridge, Mass., says traditional mutual funds and E.T.F.s involved in international E.S.G. investing have been pulling in new money for much of the last three years, with an uptick in the last few.
Vanguard launched a subsidiary in Shanghai in late May, while Fidelity International announced in January it became the first global asset manager to receive a Chinese license for a private fund. "You can no longer ignore ... 2 it is set to acquire a.
Mutual Funds Get Crushed by Brazil. By. Charles Stein. More stories by ... “I have never seen anything like this,” said William Pruett, manager of the $599 million Fidelity Latin America Fund, which slid 12 percent on May 18. "It's incredible that such.