Fidelity parent operating profit surges despite stock fund withdrawals
26 Feb Fidelity parent operating profit surges despite stock fund withdrawals
Posted at 16:00h
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by KMFSLLP
BOSTON, Feb 27 (Reuters) – The parent of Fidelity
Investments said on Tuesday operating profit in 2017 rose 54
percent to $5.3 billion even as customers continued to yank
billions of dollars from its actively managed mutual funds.
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