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Fidelity's World: The Secret Life and Public Power of the Mutual Fund Giant

Henriques, Diana B.

Verlag: Touchstone, 1997
ISBN 10: 0684832232 / ISBN 13: 9780684832234
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Titel: Fidelity's World: The Secret Life and Public...

Verlag: Touchstone

Erscheinungsdatum: 1997

Einband: Paperback

Zustand: Very Good


0684832232 Very good-used book. Pages a little tan. Quality, Value, Experience. Media Shipped in New Boxes. Buchnummer des Verkäufers BING8079410

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Inhaltsangabe: Called "trail-blazing and hard-hitting" ("Christian Science Monitor"), this in-depth portrait of an investment empire reveals Fidelity's dramatic impact on America's corporations and individual investors. of photos.

From Booklist: There is something about mutual funds that seems warm and cozy, offering a spirit of cooperation and shared goals. Many funds even have their own "families." But as Henriques makes clear, mutual funds are a giant industry. She sounds several alarms regarding potential risks for investors and questions the accountability of mutual fund trustees and managers. Identified as an investigative business reporter, Henriques focuses on Fidelity Investments and its privately held parent, FMR Corporation, America's largest mutual fund company, with over two million investors putting $300 billion into its hands. She follows the birth and spectacular growth of Fidelity, singling out founder and CEO Edward Johnson III for particular attention. Neither Johnson nor his senior staff agreed to talk to Henriques, she having sniped at the firm over the last five years from the vantage of her New York Times Wall Street column. Instead, for source material, she relied on 60 years of documentary records and both on-the-record and confidential interviews with Fidelity "veterans." Given the size of Fidelity and the current interest in mutual funds, this should be a popular title. David Rouse

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