MutualFundWire.com: Fidelity's Fund Assets Fall by 4.9 Percent
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Monday, May 4, 2009

Fidelity's Fund Assets Fall by 4.9 Percent


Fidelity's long-term assets declined by 4.9 percent to $521 billion at end-March, Bloomberg reports, citing numbers from Mercatus' Financial Research Corp. The data does not include assets in money-market funds.

Meanwhile, Vanguard and American Funds saw increases of 91 percent and 142 percent, respectively.

Fidelity saw its share of the market drop from 14.4 percent to 9.9 percent.


Printed from: MFWire.com/story.asp?s=21466

Copyright 2009, InvestmentWires, Inc.
All Rights Reserved
Back to Top