fidelity investments

Fidelity, one of the largest providers of index funds and mutual funds, said Wednesday it's introducing two equity-based index funds that will not have expense ratios. The Fidelity ZERO Total Market Index Fund (FZROX) and Fidelity ZERO International Index Fund (FZILX), which are expected to...

Fidelity Investments rolled out a number of new products and features Wednesday aimed at providing investors with value and flexibility. What Happened? Fidelity announced a series of changes and enhancements to its product offerings: Zero expense ratio mutual funds. No account minimums. No account...

It’s been a busy few days for brokerages and robo advisors, and the early indications are in: retail investors were not only unfazed by the recent sell-off, but they were eager to buy the dip. "We saw a large spike in transaction volume and trading activity on the platform [Monday] as...

Rough estimates suggest the average American will need more than $1 million set aside for retirement. According to the latest survey from GOBankingRates, Americans have a long way to go. The survey asked participants how much of a balance they have in their savings accounts, and the numbers were...

To appeal to a broader client base, Fidelity Investments is embracing “all things digital” and recruiting millennial talent. “Frankly, we’re using millennials as the highest standard for how we create the capabilities and experiences,” Kathleen Murphy, president of...

While not averse to acquisitions, Jennifer Samalis says her fintech cohorts at Fidelity Investments like to innovate on the inside, in close contact with customers throughout the development process. "We design with the customer right there," said Samalis, senior vice president for...

Forbes released its ranking of the world's richest people. Ironic or not, just one billionaire in the top 10 earned their fortune through investments and banking: Warren Buffett. Here is a look at the top 10 richest people in the field of finance. 10 Richest People In Finance 1. Warren Buffett:...

The first trading session of 2017 is less than a week away, so naturally, the topic on everyone's mind is what to expect in the coming year. Wall Street analysts and trading experts are more than happy to offer their top picks and outlook. Jeff Hirsch: Anticipating The Unknown Jeff Hirsch of the...

Fidelity Investments conducted a survey of what investors think of the U.S. election and its impact on the stock market. Seventy-four (74) percent of investors whom Fidelity surveyed believe the party that controls the U.S. government has an impact on the stock market. However, 14 percent of...

Jessica Alba's Honest Co., the shopping startup best known for creating diapers, sunscreens and cleaning products, is not in a rush to go public, reported Bloomberg, referring to the sources close to the company. Honest Co. posted revenue of about $275 million in 2015, significantly higher than the...

There are many ways to describe the state of the equity market, but Jurrien Timmer of Fidelity Investments has a unique answer: "bull market purgatory." Speaking as a guest during CNBC's "Squawk Box" segment, the investment manager said that the market is stuck in this "bull market purgatory"...

Experts advise people to “never keep secrets in a relationship,” yet, according to Fidelity Investments 2015 Couples Retirement Study, 43 percent of today’s couples cannot correctly estimate how much their spouse earns. John Sweeney, Fidelity Investments executive vice...

The April 15 tax deadline is fast approaching, motivating many investors to open or make their annual contribution to an Individual Retirement Account (IRA). Business data from Fidelity indicates 25 percent of people contributing to their IRAs make those contributions in April. Ken Hevert,...

Four pharmaceutical companies have been flirting with merger deals. Discussing the confusing courting, Barron’s called them the Bob & Carol & Ted & Alice of pharmaceuticals, referencing the sexy 1969 comedy-drama with the tag line “Consider the Possibilities.” In...