Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Abby Johnson Likes ETFs, and Other Modern Stuff Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, October 09, 2013

Abby Johnson Likes ETFs, and Other Modern Stuff

News summary by MFWire's editors

Giant ships don't turn on a dime that often, but when they do, it's sure fun to watch.

In this case, it's the Boston Behemoth, which is starting to change its ways pretty quickly under the helm of Fidelity Investment president Abby Johnson, according to Bloomberg.

The newswire quotes Fidelity asset management head Ronald O'Hanley as saying that his "boss is taking action." Hanley told Bloomberg that Johnson is leading Fido's efforts to boost fee revenues via a service by which advisers build client customized portfolios consisting of mutual funds, ETFs and other investment products. Johnson, Hanley says, is also driving Fido's push into ETFs (i.e. Fido has recently filed to launch more actively-managed ETFs and will also offer Fidelity-branded funds in collaboration with BlackRock).

She is also pushing the company to seize more opportunities involving social media.

However, the newswire notes, Johnson has been noticeably quiet since taking the reins, declining all interview requests with the press.

Read more in Bloomberg.  

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use