Another mutual fund industry giant is pushing remote work in light of the coronavirus pandemic.

Abigail Pierrepont Johnson FMR (dba Fidelity Investments) Chair, President, CEO

"Anybody who has the capability to work from home should begin to do so, effective Friday, March 13," states a Fidelity [profile] memo sent to employees on Thursday, Reuters reports.

The Boston-based mutual fund giant's move comes as many industry event organizes are postponing or cancelling their spring events and as industry watchers worry about how long the industry can weather the market downturn. 

Edited by: Neil Anderson, Managing Editor


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