In the Margins

Fidelity's passive funds see biggest monthly gain

July 22, 2016

By Boston Business Journal

Fidelity Investments experienced an estimated $3.3 billion in net inflows into its passively managed funds in June, the best single-month performance for the products at the company in nine years, according to Morningstar. This was a month before Fidelity cut expenses for 27 of its index funds to make them more appealing to investors. Read the original story from Boston Business Journal

 

 

Most Read

Top of the Agenda - Regulatory
In-person voting relief extended through year-end

Mutual fund boards can continue conducting business—including voting on contract approvals and renewals and other important matters—virtually through the end of 2020, according to the Securities ...

Top of the Agenda - Governance
Recruiting in the time of coronavirus

Mutual fund boards seem well on their way to mastering the art of conducting business virtually, but one area that may still be a challenge during ...