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KM Financial Solutions | UPDATE 1-Fidelity 2019 profit rose 10% on strong flows into index and money-market funds
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UPDATE 1-Fidelity 2019 profit rose 10% on strong flows into index and money-market funds

02 Mar UPDATE 1-Fidelity 2019 profit rose 10% on strong flows into index and money-market funds

Posted at 18:25h in News by
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Fidelity Investments said on
Tuesday operating profit in 2019 climbed 10% to $6.9 billion as
investors pushed their cash into money-market and passively
managed products while pulling billions of dollars from actively
managed stock funds.

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