Fidelity Investments (frequently short Fidelity) is an American enterprise of the financial service industry with seat in Boston. The enterprise is one of the largest trustees of the world and works as a Kapitalanlagegesellschaft with numerous fund, pertinent selling structure, investment consultants as well as on-line broker and Furthermore the company is in ranges independent of it actively, for example with the telephone offerer COLT Telecom, at which a participation of the majority exists, a bus enterprise, hotel and a time work agency. The Fidelity group employs world-wide 40,700 coworkers (conditions: At the end of of 2005).

Establishment and firm history

The enterprise was created 1946 by Edward C. Johnson 2d and is this very day to the half in the possession of the John on family, the other half of the portions by leading coworkers is held. Edward "“Ned"” C is current. Johnson 3d as a Chairman of chairmen of the group. Its daughter Abigail Johnson was long time with a portion of approx. 25% the largest individual shareholder, whereby in October 2005 it was reported that she had sold a larger portion to the family trust and therefore to doubts would exist, whether she would begin the follow-up of her father.

The enterprise originally focused on the American market was increasingly more internationally aligned with the establishment of the sister company Fidelity internationally Limited in the year 1969. In the year 1973 took place the establishment of an address in London and in the year 1992 the entrance into the German market with the opening of an office in Frankfurt/Main (since 2003 in Kronberg in the Taunus).

Since at the beginning of 2005 Fidelity orders in Germany also over its own Kapitalanlagegesellschaft (KAG) after German right and is member in the Federal association Investment and ate management registered association (BVI). Fidelity Germany administers a fund assets at a value of 15.96 billion "€ (conditions: At the end of of 2005).

Competitor

The sharpest competitors of Fidelity among the world largest trustees are the UBS with 2,024 US Dollar as well as the alliance AG with 1.265 trillion euro (conditions: At the end of of 2005) administered fortune.

Products

The Fidelity management & Research company (FMR company), which within the range Investmentmanagement active range of the Fidelity Investments functions, as an advisor for the individual, into three large ranges divided, unit trust fund: Equity (shares), High Income (plants with the goal of the high payment) and Fixed Income (plants at fixed interest, like e.g. loans). The completion of the cash transaction of the individual funds takes place in each case over subsidiaries of the FMR company, which functions also as selling for the entire product range of the Fidelity funds.

World-wide the Fidelity group for its more than 73.8 million administers institutional and private owner of an account a fortune at a value of over 1.421 trillion US Dollar (conditions: At the end of of 2005) in over 300 individual funds. The two largest funds within the group are the Contrafund and the Magellan fund with in each case over 50 billion US$ fund assets.

Related links

• http://www.fidelity.de

Articles in category "Fidelity Investments"

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Related Websites

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• Fidelity
  The nation's largest mutual fund company, leading provider of financial services, investment management, retirement and brokerage services.


• Fidelity Investments Canada
  Information on mutual funds, retirement, RRSPs, and investing.


• Fidelity Investments in the UK
  Provider of various investment funds. Includes online dealing.


• Fidelity.com/atwork
  Fidelity Investments provides comprehensive retirement services and investments for workplace savings plan participants and employees of non-profit and ...